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Pratap bought a radio with 25% discount ...

Pratap bought a radio with `25%` discount on the original price. He got Rs. 40 more than the original price by selling it at `140%` of the price at which the bought. At what price did he buy the ratio?

A

Rs. 600

B

Rs. 700

C

Rs. 800

D

Rs. 900

Text Solution

AI Generated Solution

The correct Answer is:
To find the price at which Pratap bought the radio, let's break down the problem step by step. ### Step 1: Define the Original Price Let the original price of the radio be \( x \). ### Step 2: Calculate the Buying Price After Discount Pratap bought the radio with a 25% discount. Therefore, the price he paid (buying price) is: \[ \text{Buying Price} = x - 0.25x = 0.75x \] ### Step 3: Determine the Selling Price According to the problem, Pratap sold the radio at 140% of the price he bought it for. Hence, the selling price is: \[ \text{Selling Price} = 1.4 \times (0.75x) = 1.05x \] ### Step 4: Relate Selling Price to Original Price The problem states that he got Rs. 40 more than the original price by selling it. Therefore, we can set up the equation: \[ 1.05x = x + 40 \] ### Step 5: Solve for \( x \) Now, we will solve the equation: \[ 1.05x - x = 40 \] \[ 0.05x = 40 \] \[ x = \frac{40}{0.05} = 800 \] ### Step 6: Calculate the Buying Price Now that we have the original price \( x = 800 \), we can find the buying price: \[ \text{Buying Price} = 0.75x = 0.75 \times 800 = 600 \] ### Final Answer Pratap bought the radio for Rs. 600. ---
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