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Q.

A dealer buys an old cooler listed at Rs.950 and gets a discount of 10%. He spends Rs. 45 for its repair. If he sells the cooler at a profit of 25%, then the selling price of the cooler is

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a

Rs.1125

b

Rs.1215

c

Rs.1251

d

Rs.1512  

answer is A.

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Detailed Solution

Given that a dealer buys an old cooler listed at Rs.950 and gets a discount of 10%. He spends Rs.45 for its repair and then he sells the cooler at a profit of 25%.
C.P. =Rs. 950-10% of Rs. 950 C.P= 950-10×950100 C.P= 950 - 95
C.P= Rs.855 Repairs cost = Rs. 45 Net C.P. =Rs. 855+Rs. 45
C.P=Rs.900
Profit=25%
∵ S.P.
=C.P. ×(1+Profit%100)
S.P= 900 ×(1+25100)
S.P= 900 ×(1+14)
S.P= 900 ×(4+14)
S.P= 900 ×(54)
S.P.=(900×54)
S.P=Rs.1125 Thus, the selling price is Rs.1125.
Therefore, the correct option is 1.
 
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