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? - Mathematics

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MCQ

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

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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

Concept: Profit and Loss (Entrance Exam)
  Is there an error in this question or solution?

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