Practicing Success
A Microwave oven is sold in Hyderabad for Rs.M. A retailer, Elahi from Hyderabad went to Madras and bought it for 25% less (when compared to the price in Hyderabad). He spends Rs,1,000 on transport to bring it from Madras to Hyderabad. He sold it in Hyderabad for Rs.M making a profit of 10%. Find the value of M (in Rs.). |
6,305.8 6,258.8 6,285.7 6,527.9 |
6,285.7 |
According to the question, Price at Madras = M × 75% = 3M/4 According to the question, (3M/4 + 1000) × 110% = M = (3M/4 + 1000) × 110/100 = M = (3M/4 + 1000) × 110 = 100M = 82.5M + 110000 = 100M = 17.5M = 110000 = M = 110000/17.5 = 6285.7 |