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An article is listed at Rs 1925. A man purchases it at two successive discounts of 40% and 60% and spends Rs 185 on repairing of article. If he sells the article at a profit of 58.5%, then what is the selling price (in Rs) of the article? 
  • a)
    Rs 647 
  • b)
    Rs 825.49 
  • c)
    Rs 847 
  • d)
    Rs 1025.49 
Correct answer is option 'D'. Can you explain this answer?
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Given Data:
Cost price of the article = Rs 1925
First discount = 40%
Second discount = 60%
Repairing cost = Rs 185
Profit percentage = 58.5%

Calculations:
1. After the first discount of 40%:
Cost price after the first discount = 1925 - (40/100)*1925
= 1925 - 770
= Rs 1155

2. After the second discount of 60%:
Cost price after the second discount = 1155 - (60/100)*1155
= 1155 - 693
= Rs 462

3. Total cost after discounts and repairing:
Total cost = 462 + 185
= Rs 647

4. Selling price with a profit of 58.5%:
Selling price = 1.585 * 647
= Rs 1025.495

Therefore, the selling price of the article is Rs 1025.49, which is closest to option 'D'.
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An article is listed at Rs 1925. A man purchases it at two successive discounts of 40% and 60% and spends Rs 185 on repairing of article. If he sells the article at a profit of 58.5%, then what is the selling price (in Rs) of the article?a)Rs 647b)Rs 825.49c)Rs 847d)Rs 1025.49Correct answer is option 'D'. Can you explain this answer?
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An article is listed at Rs 1925. A man purchases it at two successive discounts of 40% and 60% and spends Rs 185 on repairing of article. If he sells the article at a profit of 58.5%, then what is the selling price (in Rs) of the article?a)Rs 647b)Rs 825.49c)Rs 847d)Rs 1025.49Correct answer is option 'D'. Can you explain this answer? for Teaching 2024 is part of Teaching preparation. The Question and answers have been prepared according to the Teaching exam syllabus. Information about An article is listed at Rs 1925. A man purchases it at two successive discounts of 40% and 60% and spends Rs 185 on repairing of article. If he sells the article at a profit of 58.5%, then what is the selling price (in Rs) of the article?a)Rs 647b)Rs 825.49c)Rs 847d)Rs 1025.49Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Teaching 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for An article is listed at Rs 1925. A man purchases it at two successive discounts of 40% and 60% and spends Rs 185 on repairing of article. If he sells the article at a profit of 58.5%, then what is the selling price (in Rs) of the article?a)Rs 647b)Rs 825.49c)Rs 847d)Rs 1025.49Correct answer is option 'D'. Can you explain this answer?.
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