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17 Jul 2015, 21:42
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rohitparnerkar87
the answer is missing from your choices..
if you discount something by 20% and add 25% profit, it will get you back to the original price, here 900...
eq will be .8* original*1.25=900...
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18 Jul 2015, 00:21
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rohitparnerkar87
WARNING: NEVER REPRODUCE THE ORIGINAL QUESTIONS FROM OFFICIAL TEST. (It's against the rules and confidentiality agreement)
Let Seller's price = S
Cost Price of X = (80/100)*S
Selling Price of X = Cost Price + Profit = (80/100)*S + (125/100)*(80/100)*S= 2.25*0.8*S = 1.8*S
Given, 1.8*S = 900
i.e. S = $500
Answer: option B
18 Jul 2015, 00:26
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chetan2u
Profit is 125% and not 25%
