(B) Marked Price $(M.P) = Rs.\, 1000$.Successive discounts are $20 \%, 10 \%,$ and $5 \%$.Selling Price $(S.P) = M.P \times (1 - 20/100) \times (1 - 1

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(B) Marked Price $(M.P) = Rs.\, 1000$.Successive discounts are $20 \%, 10 \%,$ and $5 \%$.Selling Price $(S.P) = M.P \times (1 - 20/100) \times (1 - 10/100) \times (1 - 5/100)$.$S.P = 1000 \times 0.80 \times 0.90 \times 0.95$.$S.P = 1000 \times 0.684 = Rs.\, 684$.Given that the profit percentage $(P \%) = 14 \%$.The formula for Cost Price $(C.P)$ is $C.P = \frac{S.P \times 100}{100 + P \%}$.$C.P = \frac{684 \times 100}{100 + 14} = \frac{68400}{114}$.$C.P = Rs.\, 600$.

Competitive Quantitative Aptitude Discount (True and Banker’s)Discount (True and Banker’s)

Medium

The price of a bicycle is marked by a trader at $Rs.\, 1000$. He sold the bicycle allowing successive discounts of $20 \%, 10 \%$ and $5 \%$. If the trader gained $14 \%$,then the cost price of the bicycle (in $rupees$) is:

A
$790$
B
$600$
C
$560$
D
$510$

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Discount (True and Banker’s)

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Discount (True and Banker’s)

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The price of a bicycle is marked by a trader at $Rs.\, 1000$. He sold the bicycle allowing successive discounts of $20 \%, 10 \%$ and $5 \%$. If the trader gained $14 \%$,then the cost price of the bicycle (in $rupees$) is:

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If a retailer offers a discount of $32 \%$ on the marked price of his goods and thus ends up selling at cost price,what was the percentage markup price?

$A$ watch dealer pays $10 \%$ customs duty on a watch which costs $Rs.\, 500$ abroad. He desires to make a profit of $20 \%$ after giving a discount of $25 \%$ to the buyer. The marked price should be (in $Rs.$)

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