Study the given table and answer the question that follows.
The table shows the marked prices (in ₹) and percentages of discount offered for five different products.
If product Q is sold at 53% profit and product S is sold at 80% profit, then what will be the sum of the cost prices of Q and S?
MRP of product Q = 900
Selling price of product Q = 900 of (100-15)%
= 900 of 85%
= $$900\times\frac{85}{100}$$
= 765
If product Q is sold at 53% profit
Cost price of product Q = $$\frac{765}{\left(100+53\right)}\times\ 100$$
= $$\frac{765}{153}\times\ 100$$
= 500
MRP of product S = 1200
Selling price of product S = 1200 of (100-25)%
= 1200 of 75%
= $$1200\times\frac{75}{100}$$
= 900
If product S is sold at 80% profit.
Cost price of product S = $$\frac{900}{\left(100+80\right)}\times\ 100$$
= $$\frac{900}{180}\times\ 100$$
= 500
Sum of the cost prices of Q and S = 500+500
= 1000
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