A supermarket earns 5½% as a discount on the total purchasing value and a bonus of ½% on sales of more than Rs.10,000. What is the total sale value if it earns Rs.1,990?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. Rs.34,000.
Given that
5½% as a discount on the total purchasing value.
A bonus of ½% on sales of more than Rs.10,000.
Let total sales = x Rs
According to the question
x * 5.5/100 + (x - 10000) * 0.5/100 = 1990
6x/100 - 50 = 1990
6x/100 = 1990 +50 = 2040
x = 204000/6 = 34000 Rs