Home » Aptitude » Profit and Loss » Question
  1. A dealer makes a profit of 20% even after giving a 10% discount on the advertised price of a scooter. If he makes a profit of $ 7500 on the sale of the scooter, the advertised price was
    1. $ 45000
    2. $ 47500
    3. $ 50000
    4. $ 52500
Correct Option: C

Let the advertised price be $ 100.
∴ S.P. = $ 90, Profit = 20%.

∴ C.P. = $90 × 100= $ 75
120

Profit = $ (90–75) = $ 15
Since for a profit of $ 15, the advertised price = $ 100
∴ For a profit of 7500, the advertised price = $
100 × 7500
= $ 50000
15



Your comments will be displayed only after manual approval.