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A toys manufacturing company declares 20 percent discount for whole sale buyers. A trader bought toys for rupees 4000 after getting the discount. Now he sells the toys at 15 percent profit on the original price of the company. What is the selling price of the toys?
  • a)
    4750
  • b)
    5740
  • c)
    5750
  • d)
    6750
  • e)
    None of these
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
A toys manufacturing company declares 20 percent discount for whole sa...
Let original price of toys be M,
(80/100)*M = 4000, M = 5000
Now to gain 15% on the original price, the trader will sell the toys at (115/100)*5000 = 5750 rupees
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Most Upvoted Answer
A toys manufacturing company declares 20 percent discount for whole sa...
Given:
Discount = 20%
Cost price after discount = Rs. 4000
Profit = 15%

To find:
Selling price of the toys

Solution:
Let the original cost price of the toys be x.

After a 20% discount, the cost price of the toys becomes:
x - (20/100)*x = 0.8x

Given that the trader bought the toys for Rs. 4000 after the discount:
0.8x = 4000
x = 4000/0.8
x = 5000

So, the original cost price of the toys is Rs. 5000.

Now, the trader sells the toys at a 15% profit on the original cost price of the company:
Selling price = Cost price + Profit
Selling price = 5000 + (15/100)*5000
Selling price = 5000 + 750
Selling price = Rs. 5750

Therefore, the selling price of the toys is Rs. 5750.

Answer: Option C.
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A toys manufacturing company declares 20 percent discount for whole sale buyers. A trader bought toys for rupees 4000 after getting the discount. Now he sells the toys at 15 percent profit on the original price of the company. What is the selling price of the toys?a)4750b)5740c)5750d)6750e)None of theseCorrect answer is option 'C'. Can you explain this answer?
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