NIACL Model Paper 6 with solutions for free online practice

Question : 50 of 100

Marks: +1, -0

A retailer bought a table after getting 20% discount on the labelled price. He sold the table to a customer for Rs. 6,760 and earned a profit of 30% on his cost price. What was the initial labelled price of the table ?

Rs. 6500
Rs. 6400
Rs. 6600
Rs. 6450
None of these

Validate

Solution:

(1) Let the marked price be Rs.x.
∴ C.P. = Rs.

[{x×80}/100]

According to the question,

{x×80}/100×130/100=6760

⇒

{104x}/100=6760

⇒

x ={6760×100}/104 = Rs. 6500

Go to Question:

Prev Question

Next Question