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Question
A toy store regularly sells all stock at a discount of 20 percent to 40 percent. If an additional 25 percent were deducted from the discount price during a special sale , what would be the lowest possible price of a toy costing TK. 16 before any discount ?
TK. 5.60
TK. 7.20
TK. 8.80
TK. 9.60
TK. 15.20
ANSWER : 2
Descrption
<p>Let cost price(CP) of toy is 100 tk</p> <p>And maximum profit 40%</p> <p>Selling price at 40% discount is 100 - 40 = 60 tk</p> <p>Selling price (SP) After Another additional 25% discount is</p> <p>60 - 25% of 60</p> <p> = 60 - 15</p> <p> = 45</p> <p>Now</p> <p>If CP is 100tk then possible SP is 45tk</p> <p>" " " 16tk " " " is (45×16)/100 = 7.2 tk </p> <p>Ans. 7.2tk </p>
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