A retailer marks up his goods by 30% and offers 15% discount. What will be the selling price (in Rs) of an item sold by the retailer if its cost to the retailer is Rs 1,000?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 1105
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Understanding |
Application |
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Cost price = Rs. 1000 The retailer marks up his goods by 30% and offers 15% discount. |
So, Selling price = (1000 × 1.3) × 0.85 = 1105 |