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A garment company declared 15% discount for wholesale buyers. Mr. Sachdev bought garments from the company for Rs. 25000 after getting the discount. He fixed up the selling price of garments in such a way that he earned a profit of 8% on original company price. What is the approximate total selling price?
- a)Rs.28000
- b)Rs. 29000
- c)Rs. 31765
- d)Rs. 29500
Correct answer is option 'C'. Can you explain this answer?
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Most Upvoted Answer
A garment company declared 15% discount for wholesale buyers. Mr. Sach...
- Given Data:
Mr. Sachdev bought garments worth Rs. 25000 after a 15% discount.
He earned an 8% profit on the original company price.
- Calculations:
1. Let the original price of the garments be x.
2. After a 15% discount, Mr. Sachdev paid 85% of the original price, which is Rs. 25000.
3. So, 85% of x = Rs. 25000
4. x = Rs. 25000 / 0.85
x = Rs. 29411.76 (approx)
- Profit Calculation:
1. Mr. Sachdev earned an 8% profit on the original price.
2. Profit = 8% of Rs. 29411.76
Profit = 0.08 * Rs. 29411.76
Profit = Rs. 2352.94 (approx)
- Total Selling Price:
1. Total selling price = Original price + Profit
2. Total selling price = Rs. 29411.76 + Rs. 2352.94
Total selling price = Rs. 31764.70 (approx)
Therefore, the approximate total selling price is Rs. 31765.
Hence, the correct answer is option c) Rs. 31765.
Mr. Sachdev bought garments worth Rs. 25000 after a 15% discount.
He earned an 8% profit on the original company price.
- Calculations:
1. Let the original price of the garments be x.
2. After a 15% discount, Mr. Sachdev paid 85% of the original price, which is Rs. 25000.
3. So, 85% of x = Rs. 25000
4. x = Rs. 25000 / 0.85
x = Rs. 29411.76 (approx)
- Profit Calculation:
1. Mr. Sachdev earned an 8% profit on the original price.
2. Profit = 8% of Rs. 29411.76
Profit = 0.08 * Rs. 29411.76
Profit = Rs. 2352.94 (approx)
- Total Selling Price:
1. Total selling price = Original price + Profit
2. Total selling price = Rs. 29411.76 + Rs. 2352.94
Total selling price = Rs. 31764.70 (approx)
Therefore, the approximate total selling price is Rs. 31765.
Hence, the correct answer is option c) Rs. 31765.
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Community Answer
A garment company declared 15% discount for wholesale buyers. Mr. Sach...
Discount percent = 15%
Price of garments after getting discount = Cost price of garments for Mr. Sachdev = Rs. 25000 So,
Original company price = (25000/85) × 100
∴ Selling price of garments = (25000/85) × 100 × 108/100
= Rs. 31764.7
Price of garments after getting discount = Cost price of garments for Mr. Sachdev = Rs. 25000 So,
Original company price = (25000/85) × 100
∴ Selling price of garments = (25000/85) × 100 × 108/100
= Rs. 31764.7
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A garment company declared 15% discount for wholesale buyers. Mr. Sachdev bought garments from the company for Rs. 25000 after getting the discount. He fixed up the selling price of garments in such a way that he earned a profit of 8% on original company price. What is the approximate total selling price?a)Rs.28000b)Rs. 29000c)Rs. 31765d)Rs. 29500Correct answer is option 'C'. Can you explain this answer?
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A garment company declared 15% discount for wholesale buyers. Mr. Sachdev bought garments from the company for Rs. 25000 after getting the discount. He fixed up the selling price of garments in such a way that he earned a profit of 8% on original company price. What is the approximate total selling price?a)Rs.28000b)Rs. 29000c)Rs. 31765d)Rs. 29500Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about A garment company declared 15% discount for wholesale buyers. Mr. Sachdev bought garments from the company for Rs. 25000 after getting the discount. He fixed up the selling price of garments in such a way that he earned a profit of 8% on original company price. What is the approximate total selling price?a)Rs.28000b)Rs. 29000c)Rs. 31765d)Rs. 29500Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A garment company declared 15% discount for wholesale buyers. Mr. Sachdev bought garments from the company for Rs. 25000 after getting the discount. He fixed up the selling price of garments in such a way that he earned a profit of 8% on original company price. What is the approximate total selling price?a)Rs.28000b)Rs. 29000c)Rs. 31765d)Rs. 29500Correct answer is option 'C'. Can you explain this answer?.
A garment company declared 15% discount for wholesale buyers. Mr. Sachdev bought garments from the company for Rs. 25000 after getting the discount. He fixed up the selling price of garments in such a way that he earned a profit of 8% on original company price. What is the approximate total selling price?a)Rs.28000b)Rs. 29000c)Rs. 31765d)Rs. 29500Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about A garment company declared 15% discount for wholesale buyers. Mr. Sachdev bought garments from the company for Rs. 25000 after getting the discount. He fixed up the selling price of garments in such a way that he earned a profit of 8% on original company price. What is the approximate total selling price?a)Rs.28000b)Rs. 29000c)Rs. 31765d)Rs. 29500Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A garment company declared 15% discount for wholesale buyers. Mr. Sachdev bought garments from the company for Rs. 25000 after getting the discount. He fixed up the selling price of garments in such a way that he earned a profit of 8% on original company price. What is the approximate total selling price?a)Rs.28000b)Rs. 29000c)Rs. 31765d)Rs. 29500Correct answer is option 'C'. Can you explain this answer?.
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A garment company declared 15% discount for wholesale buyers. Mr. Sachdev bought garments from the company for Rs. 25000 after getting the discount. He fixed up the selling price of garments in such a way that he earned a profit of 8% on original company price. What is the approximate total selling price?a)Rs.28000b)Rs. 29000c)Rs. 31765d)Rs. 29500Correct answer is option 'C'. Can you explain this answer?, a detailed solution for A garment company declared 15% discount for wholesale buyers. Mr. Sachdev bought garments from the company for Rs. 25000 after getting the discount. He fixed up the selling price of garments in such a way that he earned a profit of 8% on original company price. What is the approximate total selling price?a)Rs.28000b)Rs. 29000c)Rs. 31765d)Rs. 29500Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of A garment company declared 15% discount for wholesale buyers. Mr. Sachdev bought garments from the company for Rs. 25000 after getting the discount. He fixed up the selling price of garments in such a way that he earned a profit of 8% on original company price. What is the approximate total selling price?a)Rs.28000b)Rs. 29000c)Rs. 31765d)Rs. 29500Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
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