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01 May 2025, 00:30
Kudos
Bookmarks
B
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
65%
(hard)
Question Stats:
65% (02:32) correct
35%
(02:53)
wrong
based on 108
sessions
History
Date
Time
Result
Not Attempted Yet
Mr. Absent Minded instead of marking up the cost price of a PC by 30% to prepare Marked Price, he discounted the Cost Price of that PC by 30% and prepared the MRP. Now company usually offers a 10% discount on the Marked Price of each PC in order to boost the sale. If due to this mistake company earns $ 189 less on that PC, what the Cost Price of that PC?
A. 300
B. 350
C. 400
D. 450
E. 500
A. 300
B. 350
C. 400
D. 450
E. 500
01 May 2025, 00:38
Kudos
Bookmarks
Let CP = x
With 30% MP and 10% D, the final price = 1.3*0.9x
With 30% D and further 10% D, the final price = 0.7*0.9x
1.3*0.9x - 0.7*0.9x = 189
0.6x = 210
x = 2100/6 = 350
With 30% MP and 10% D, the final price = 1.3*0.9x
With 30% D and further 10% D, the final price = 0.7*0.9x
1.3*0.9x - 0.7*0.9x = 189
0.6x = 210
x = 2100/6 = 350
Bunuel
01 May 2025, 00:40
Kudos
Bookmarks
Bunuel
Let cost = 100
Expected MP = 130
Unfortunate MP = 70
After 10% discount price real price = 70-7 = 63
After 10% discount price expected price = 130-13 = 117
Company earns less = 117-63 = 54
54 = $189
i.e. 100 = $350
Answer: Option B
