A trader marks a television 20% above the cost price and allows a disc – InterviewSolution

1.	A trader marks a television 20% above the cost price and allows a discount of 10%. If the profit earned is 3544, then what is the cost price of the television? (a) 37000 (b) 6800 (c) 38000 (d) 7200
Answer» ked PRICE = 40% above CP = 140With a discount of 25%, the SELLING price = 140x75/100 = 105Hence his gain PERCENT is 105 - 100 = 5%

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