Question 145

A trader purchased a gift box for Rs. 150. What should be the marked price on the gift box so that after allowing a discount of 10%, he makes a profit of 10% ?

Solution

Cost price of gift = Rs. 150

Profit % = 10%

=> Selling price = $$150+(\frac{10}{100}\times150)$$

= $$150+15=Rs.$$ $$165$$

Discount % = 10%

=> Marked price = $$\frac{165}{(100-10)}\times100$$

= $$\frac{1650}{9}=Rs.$$ $$183.3$$

=> Ans - (B)

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