Multiple choice

A trader purchases a fridge on two successive discounts of 20% and 10% and spent Rs. 200 on transportation. Then, he sells it for a profit of 20%. If the marked price of the fridge for the trader is Rs. 15,000, what is the selling price of the fridge?

  1. Rs. 10,500

  2. Rs. 12,600

  3. Rs. 13,200

  4. Rs. 14,300

  5. Rs. 13,800
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Marked price = 15000. After 20% and 10% discounts, cost = 15000 * 0.8 * 0.9 = 10800. Adding 200 transportation, total cost = 11000. Selling price for 20% profit = 11000 * 1.2 = 13200.

AI explanation

The effective price after two successive discounts of 20% and 10% on the marked price of Rs. 15,000 is calculated as 15000 * 0.8 * 0.9, which equals Rs. 10,800. Adding the Rs. 200 transportation charge gives a total effective cost price of Rs. 11,000. To find the selling price using the profit percentage formula for a 20% profit, calculate 11000 * 1.20, which gives Rs. 13,200. The selling price of the fridge is Rs. 13,200.

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