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The marked price of a machine is Rs.18000. By selling it at a discount of 20%, the loss is 4%. What is the cost price of the machine?

A) Rs. 10000
B) Rs.12000
C) Rs.14000
D) Rs.15000

Correct Answer:




D) Rs.15000

Description for Correct answer:
Given marked price of machine = Rs. 18000

Discount = \( \Large\frac{20}{100} \times 18000 = Rs.3600 \)

SP = 18000 - 3600 = Rs.14400

If loss is 4%, then

CP = \( \Large\frac{100 \times SP}{100 - r} \)

= \( \Large\frac{100 \times 14400}{100 - 4} \)

=\( \Large\frac{100 \times 14400}{96} \)

=Rs. 15000

Part of solved Profit and Loss questions and answers : >> Aptitude >> Profit and Loss

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