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What would be the printed price of a watch purchased at Rs. 380 , so that after giving `5%` discout , there is `25%` profit ?

A

Rs . 400

B

Rs . 450

C

Rs . 500

D

Rs . 600

Text Solution

AI Generated Solution

The correct Answer is:
To find the printed price (marked price) of the watch purchased at Rs. 380, so that after giving a 5% discount, there is a 25% profit, we can follow these steps: ### Step-by-Step Solution: 1. **Identify the Cost Price (CP)**: The cost price of the watch is given as Rs. 380. 2. **Determine the Selling Price (SP) for a 25% Profit**: To find the selling price that includes a 25% profit, we use the formula: \[ SP = CP + \left(\frac{25}{100} \times CP\right) \] Substituting the cost price: \[ SP = 380 + \left(\frac{25}{100} \times 380\right) = 380 + 95 = 475 \] So, the selling price should be Rs. 475. 3. **Set Up the Equation for Selling Price with Discount**: The selling price after a 5% discount on the marked price (MP) is given by: \[ SP = MP - \left(\frac{5}{100} \times MP\right) \] This can be rewritten as: \[ SP = MP \left(1 - \frac{5}{100}\right) = MP \left(\frac{95}{100}\right) \] 4. **Equate the Selling Price to the Expression with Marked Price**: Now we equate the two expressions for selling price: \[ 475 = MP \left(\frac{95}{100}\right) \] 5. **Solve for Marked Price (MP)**: Rearranging the equation to solve for MP: \[ MP = 475 \times \left(\frac{100}{95}\right) \] Calculating the right-hand side: \[ MP = 475 \times \frac{100}{95} = 475 \times \frac{20}{19} = \frac{9500}{19} \approx 500 \] Therefore, the marked price is Rs. 500. ### Final Answer: The printed price (marked price) of the watch should be Rs. 500. ---
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