| | Question 26

A dealer makes a profit of 20% even after giving a 10% discount on the advertised price of a scooter.If he makes a profit of Rs 7500 on the sale of the scooter, the advertise price was
(A) Rs 42000
(B) Rs 44000
(C) Rs 50000
(D) Rs 48000

Answer: (C)
Explanation: Let the Advertised price of the scooter be 10 units. 
SP = 10_{discount 10%} —> 9 
CP = (9 * 100/120) = 7.5 
Now, profit = SP – CP 
= 9 – 7.5 = 1.5 
1.5 units  -> 7500 
1 unit      -> 5000 
10 units   -> 50000 
Hence, the Advertised price of the scooter was Rs 50000.

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