Question
Ravi bought a bike with a marked price of Rs.40,000. The dealer gave him two successive discounts of 10% and 20% . After he bought the bike, he spent
10% of the cost of the bike on the accessories. At what price should he sell the bike to earn a profit of 10%.
Answer: Option D
:
D
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:
D
Cost of the bike = 0.9×0.8×40000 = Rs. 28800
For Ravi total cost =28800+(28800×0.1)=31680
So, for a profit of 10% he should sell the bike at 31680+(0.1×31680)=Rs.34848
Hence option (d)
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