Question 1666 : Gopi marks a price on a product in order to make 20% profit. Ravi gets 10% discount on this marked price,
and thus saves Rs 15. Then, the profit, in rupees, made by Gopi by selling the product to Ravi, is
and thus saves Rs 15. Then, the profit, in rupees, made by Gopi by selling the product to Ravi, is
Video Explanation
Explanatory Answer
Let, CP=x
Then, MP = 1.2 x ;
SP=MP−10%MP=90%MP
Also,
Savings = Rs. 15
Savings with respect to percentage =10% of MP=0.12x
Thus, 0.12x=15
⇒x=125
Hence,
CP=125;MP=150;SP=135.⇒ Profit =135−125=10.
The question is "Gopi marks a price on a product in order to make 20% profit. Ravi gets 10% discount on this marked price, and thus saves Rs 15. Then, the profit, in rupees, made by Gopi by selling the product to Ravi, is"
Hence, the answer is '10'
Choice B is the correct answer.