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Shekhar has purchased a cordless phone f...

Shekhar has purchased a cordless phone for Rs 3520 after getting 12% discount on the printed price. If he sold it to get 8% profit on the printed price, at what price did he sell the cordless phone?

A

Rs3801.60

B

Rs4244

C

Rs4320

D

Rs3942.40

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow these calculations: ### Step 1: Determine the Printed Price Let the printed price of the cordless phone be \( x \). Given that Shekhar purchased the phone for Rs 3520 after a 12% discount on the printed price, we can express this mathematically as: \[ x - \frac{12}{100} \times x = 3520 \] This simplifies to: \[ x \left(1 - \frac{12}{100}\right) = 3520 \] \[ x \left(\frac{88}{100}\right) = 3520 \] ### Step 2: Solve for the Printed Price Now, we can solve for \( x \): \[ \frac{88}{100} x = 3520 \] Multiplying both sides by \( \frac{100}{88} \): \[ x = 3520 \times \frac{100}{88} \] Calculating the right side: \[ x = 3520 \times \frac{100}{88} = 3520 \times 1.13636 \approx 4000 \] Thus, the printed price \( x \) is Rs 4000. ### Step 3: Calculate Selling Price for 8% Profit Now, Shekhar wants to sell the phone for an 8% profit on the printed price. The selling price (SP) can be calculated as: \[ SP = x + \frac{8}{100} \times x \] This can be rewritten as: \[ SP = x \left(1 + \frac{8}{100}\right) = x \left(\frac{108}{100}\right) \] Substituting \( x = 4000 \): \[ SP = 4000 \times \frac{108}{100} = 4000 \times 1.08 = 4320 \] ### Final Answer The selling price at which Shekhar sold the cordless phone is Rs 4320. ---
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S CHAND IIT JEE FOUNDATION-PERCENTAGE AND ITS APPLICATIONS-QUESTION BANK (SECTION-C DISCOUNT )
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