Question:

Anupam, a trader, sells an item to Suraj at 20% discount, but he charges 10% on the discounted price for packaging and delivery. Suraj sells it for ₹ 1782 more, thereby earning a profit of 25%. At what price had the trader marked the item?

Show Hint

In profit and discount problems, first calculate the cost price from profit or discount percentages, then work backward to find the marked price.
Updated On: Feb 16, 2025
  • ₹1620
  • ₹7450
  • ₹7800
  • ₹8100
Hide Solution
collegedunia
Verified By Collegedunia

The Correct Option is D

Solution and Explanation

Let the marked price of the item be \( x \). Step 1: Calculate the selling price from Suraj. Suraj sells the item for ₹ 1782 more than what he paid for it, and earns a 25% profit. So, Suraj's selling price is: \[ \text{Selling price of Suraj} = \text{Cost price of Suraj} + 1782. \] Since Suraj earns a 25% profit, his cost price is: \[ \text{Cost price of Suraj} = \frac{100}{125} \times \text{Selling price of Suraj}. \] Let the cost price of Suraj be \( C_s \). Then: \[ C_s = \frac{100}{125} \times (C_s + 1782). \] Solving this equation: \[ 125C_s = 100(C_s + 1782), \] \[ 125C_s = 100C_s + 178200, \] \[ 25C_s = 178200, \] \[ C_s = 7128. \] Step 2: Calculate the price Anupam sold to Suraj. The cost price of Suraj is the amount Anupam received after the 20% discount and the additional 10% charge for packaging and delivery. Hence: \[ C_s = 0.80x \times 1.10, \] \[ 7128 = 0.88x, \] \[ x = \frac{7128}{0.88} = 8100. \]
Was this answer helpful?
0
0