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A camera is sold at an 18% discount on its marked price. This sale leads to a profit of 25% on its cost price. If the profit earned is ₹600, what would have been the selling price if the camera was sold at a 30% discount on its marked price?
- ₹ 2,628.85
- ₹ 2,560.90
- ₹ 2,844.80
- ₹ 2,920.50
Correct answer: ₹ 2,560.90
Solution
A profit of ₹600 at 25% means the cost price is ₹2400. Since an 18% discount still gives 25% profit, the selling price is ₹3000, so the marked price is ₹3658.54. At a 30% discount, the selling price becomes ₹2560.90.
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