Multiple choice

Anand sells a laptop on discount of 8% on the marked price and still makes a profit of 25%. How much did the laptop cost him, if the marked price is Rs. 40,000?

  1. Rs. 29,000

  2. Rs. 30,400

  3. Rs. 29,440

  4. Rs. 29,540

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Marked price is 40,000. Selling price after 8% discount is 40,000 * 0.92 = 36,800. Profit is 25%, so SP = 1.25 * CP. CP = 36,800 / 1.25 = 29,440.

AI explanation

The marked price is Rs. 40,000 and the discount is 8%. The actual selling price is 92% of 40,000, which equals Rs. 36,800. Since this selling price includes a 25% profit, the cost price is the selling price divided by 1.25. Dividing 36,800 by 1.25 gives Rs. 29,440. The cost of the laptop is Rs. 29,440.