A dealer buys a table listed at Rs 1,500 and gets successive discounts of 20% and 10%. He spends Rs 20 on transportation and sells it at a profit of 20%. Find the selling price ofthe table.

Options

A. Rs 1,420
B. Rs 1,300
C. Rs 1,320
D. Rs 1,3800

Answer

To find the selling price of the table, we will follow these steps:

### Step 1: Calculate the effective price after successive discounts
The listed price (MP) of the table is Rs 1500. The dealer receives two successive discounts: 20% and then 10%.

1. **First Discount (20%)**:
- Discount amount = 20% of 1500 = (20/100) * 1500 = Rs 300
- Price after first discount = 1500 - 300 = Rs 1200

2. **Second Discount (10%)**:
- Discount amount = 10% of 1200 = (10/100) * 1200 = Rs 120
- Price after second discount = 1200 - 120 = Rs 1080

### Step 2: Add transportation cost
The dealer spends Rs 20 on transportation. Therefore, the cost price (CP) of the table becomes:
- CP = Price after discounts + Transportation cost = 1080 + 20 = Rs 1100

### Step 3: Calculate the selling price with profit
The dealer wants to sell the table at a profit of 20%. To find the selling price (SP), we calculate:
- Profit = 20% of CP = (20/100) * 1100 = Rs 220
- SP = CP + Profit = 1100 + 220 = Rs 1320

### Conclusion
The selling price of the table is Rs 1320.

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