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A dealer buys an old cooler listed at Rs...

A dealer buys an old cooler listed at Rs. 950 and gets a discount of `10%`. He spends Rs. 45 for its repair. If he sells the cooler at a profit of `25%`, then the selling price of the cooler is

A

Rs. 1125

B

Rs. 1215

C

Rs. 1251

D

Rs. 1512

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AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow these calculations: ### Step 1: Calculate the Discount Amount The dealer buys the cooler listed at Rs. 950 and receives a discount of 10%. **Calculation:** - Discount = 10% of Rs. 950 - Discount = (10/100) * 950 = Rs. 95 ### Step 2: Calculate the Cost Price After Discount Now, we subtract the discount from the listed price to find the cost price. **Calculation:** - Cost Price (CP) = Listed Price - Discount - CP = 950 - 95 = Rs. 855 ### Step 3: Add Repair Costs to the Cost Price The dealer spends Rs. 45 for repairs. We need to add this to the cost price calculated in the previous step. **Calculation:** - Total Cost Price = Cost Price + Repair Cost - Total Cost Price = 855 + 45 = Rs. 900 ### Step 4: Calculate the Selling Price with Profit The dealer wants to sell the cooler at a profit of 25%. To find the selling price, we use the formula: **Selling Price (SP) = Cost Price + Profit** - Profit = 25% of Cost Price - Profit = (25/100) * Total Cost Price = (25/100) * 900 = Rs. 225 Now, we can find the selling price. **Calculation:** - SP = Total Cost Price + Profit - SP = 900 + 225 = Rs. 1125 ### Final Answer The selling price of the cooler is Rs. 1125. ---
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S CHAND IIT JEE FOUNDATION-PROFIT AND LOSS AND DISCOUNT -SECTION - A (Question Bank - 11(a))
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  3. A dealer buys an old cooler listed at Rs. 950 and gets a discount of 1...

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  8. A person sells a table at a profit of 20%. If he had bought it at 10% ...

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  9. The percentage of loss when an article is sold at Rs. 50 is the same a...

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  10. In what ratio must a grocer mix teas at Rs. 60 a kg, and Rs. 65 a kg, ...

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  11. A tradesman sold an article at a loss of 20%. If the selling price had...

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  13. Two-thirds of a consignment was sold at a profit of 6% and the rest...

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  14. A man sells two horses for Rs. 1485. The cost price of the first is eq...

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  15. A trader purchases a watch and a wall clock for Rs.390. He sells th...

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  16. The profit earned by selling an article for Rs. 900 is double the l...

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  17. A person A sells a table costing Rs. 2000 to a person B and earns a pr...

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  18. Sanjay sold a bicycle to Salman at 46% profit. Salman spent Rs. 40 on ...

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  19. In a certain store, the profit is 320% of the cost. If the cost inc...

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  20. A man gains 10% by selling an article for a certain price.If he sells ...

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