&nbsp;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

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Question :

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

Started 4 hours ago by Admin in

0 4

A.
10
B.
15
C.
20
D.
25

Option A is the correct answer.

Explanatory Answer

Let, $C P = x$
Then, MP = 1.2 x ;

S P = M P - 10 % M P = 90 % M P

Also,
Savings = Rs. 15
Savings with respect to percentage $= 10 %$ of $M P = 0.12 x$
Thus, $0.12 x = 15$

\Rightarrow x = 125

Hence,

C P = 125; M P = 150; S P = 135 . \Rightarrow 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"