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Question
Devendra, a computer accessories vendor gave a discount of 20% on a pen-drive and his profit reduced from ₹200 to ₹100. What is Devendra’s cost price?
Options
₹ 300
₹ 200
₹ 400
None of these
MCQ
Solution
₹ 300
Explanation:
20% of discount Reduced his Profit from ₹200 to ₹100
Let SP = x
`20/100"x"=100`
x = 500
CP = 500 − 200 = ₹300
shaalaa.com
Profit and Loss (Entrance Exam)
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