1.

Kunal bought a suitcase with 15% discount on the labelled price. He sold the suitcase for Rs 2880 with 20% profit on the labelled price. At what price did he buy the suitcase ? (a) Rs 2040 (b) Rs 2400 (c) Rs 2604 (d) Rs 2640

Answer»

(a) Rs 2040

S.P. = Rs 2880, Profit = 20%

Let the labelled price be Rs x. Then,

120% of x = 2880 \(\Rightarrow\) x = \(\frac{2880\times100}{120}\) = 2400

\(\therefore\) C.P. = 85% of Rs 2400 = Rs \(\big(\frac{85}{100}\times2400\big)\) = Rs 2040



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