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Directions: Read the following information carefully to answer the question that follows.
Amount spent by five friends on electronic items.
If the shopkeeper sold an air conditioner after offering a 37% discount to Amit and still earned a 32% profit, what was the difference between the price at which the shopkeeper bought the air conditioner and the marked price of the air conditioner on which Amit was offered the discount?
  • a)
    Rs. 24560
  • b)
    Rs. 29870
  • c)
    Rs. 31000
  • d)
    Rs. 35691
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Directions: Read the following information carefully to answer the qu...
As given,
Selling Price = 3600
Discount = 37%
Profit = 32%
Solution,
SP = CP+Profit
Cost Price of the air conditioner on giving 32% discount
= 36000/1.32 = Rs. 27273
Marked Price = S P + Discount
The marked price of the air conditioner was Rs. 57143
So, the difference is MP-CP
57143-27273 = Rs. 29870
Hence, the correct option is (B).
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Directions: Read the following information carefully to answer the question that follows.Amount spent by five friends on electronic items.If the shopkeeper sold an air conditioner after offering a 37% discount to Amit and still earned a 32% profit, what was the difference between the price at which the shopkeeper bought the air conditioner and the marked price of the air conditioner on which Amit was offered the discount?a)Rs. 24560b)Rs. 29870c)Rs. 31000d)Rs. 35691Correct answer is option 'B'. Can you explain this answer?
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Directions: Read the following information carefully to answer the question that follows.Amount spent by five friends on electronic items.If the shopkeeper sold an air conditioner after offering a 37% discount to Amit and still earned a 32% profit, what was the difference between the price at which the shopkeeper bought the air conditioner and the marked price of the air conditioner on which Amit was offered the discount?a)Rs. 24560b)Rs. 29870c)Rs. 31000d)Rs. 35691Correct answer is option 'B'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Directions: Read the following information carefully to answer the question that follows.Amount spent by five friends on electronic items.If the shopkeeper sold an air conditioner after offering a 37% discount to Amit and still earned a 32% profit, what was the difference between the price at which the shopkeeper bought the air conditioner and the marked price of the air conditioner on which Amit was offered the discount?a)Rs. 24560b)Rs. 29870c)Rs. 31000d)Rs. 35691Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Read the following information carefully to answer the question that follows.Amount spent by five friends on electronic items.If the shopkeeper sold an air conditioner after offering a 37% discount to Amit and still earned a 32% profit, what was the difference between the price at which the shopkeeper bought the air conditioner and the marked price of the air conditioner on which Amit was offered the discount?a)Rs. 24560b)Rs. 29870c)Rs. 31000d)Rs. 35691Correct answer is option 'B'. Can you explain this answer?.
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