A trader marks up his goods by 120% and offers 30% discount. What will be the selling price (in Rs) if the cost price is Rs 750?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 1155
Let CP = 100 unit
AQ
MP = 220 unit
SP = 220 - (220×30/ 100) = 154 unit
Given,
100 unit = Rs 750
SP = 154 unit = 750/100 × 154 = Rs 1155