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Profit and Loss Practice Test 7
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Question : 40
Total: 40
Taruna bought a plot whose sale price was Rs 72,00,000. She got a rebate of 20% on the sale price being a government employee and then 10% discount due to cash payment. Further, she spent 15% of the cost price in leveling and getting electricity connection. At what price should she sell the plot if she wants to earn a profit of 20.78%?
72 Lakh
80 Lakh
77 Lakh
86.4 Lakh
92.7 Lakh
Validate
Solution:
Sale
price
Price
after
20
%
rebate
Price
after
10
%
discount
Final
CP
SP
100
80
72
72
+
10.8
=
82.8
79.2
×
1.2078
=
100
Hence, Taruna’s selling price is equal to the sale price, i.e., 72 Lakh.
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