Profit and Loss Practice Test 2

Question : 5 of 40

Marks: +1, -0

A manufactuerer's list price of a table is Rs. 4750. He sells it to a retailer with successive discountsof 15% and 10% with terms : cash 4, 2/20. If the retailer pays the bill on 10th day, what is his costprice?

Rs. 1356.08
Rs. 3361.08
Rs. 3561.08
Rs. 4616.10

Validate

Solution:

Here, retailer pays the bill on 10th day, so discount will be 2%.
Hence, required cost price =

85/ 100× 90/ 100× 98/ 100 × 4750

142443 /40

= Rs. 3561.08

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