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If we know the profit on the Saree was INR 600 then what was the price of the Saree?

+1 vote
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Profit on a Saree is 25% had it been brought at 10% discount and sold for 20% more than the earlier cost.
Now if we know the profit on the Saree was INR 600 then what was the price of the Saree.

posted Jun 27, 2014 by anonymous

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2 Solutions

+1 vote
 
Best answer

Price of Saree was Rs.2000/-.

As 25% profit = 600/-
which means sell price = 600 * 4 = 2400/-

So Cost of Saree = 2400-600 = 1800/-

Now,
Saree purchased at 10% discount = 2000*10% = 200/-,
Cost = 1800/-

And,
Saree sold at 20% more to its original price = 2000 * 20% = 400/-
So, Sales price = 2400/-

solution Jun 30, 2014 by Kunal Shah
0 votes

Saree's price is Rs 2000

solution Jul 30, 2015 by Pankaj Bora



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