The Marked price of the fridge is 25% more than its Cost price and a discount of 15% is offered and a profit of Rs.750 is obtained. Find the marked price of the A.C, if the ratio between the Cost price of the fridge and the Cost price of the A.C is 2:3 and the A.C is marked 30% above its Cost price.
a) Rs.25000
b) Rs.24500
c) Rs.26000
d) Rs.22000
e) Rs.23400
Sol:
Cost price of the fridge = 100x
Marked price of the fridge = 125x
Selling price of the fridge = 106.25x
106.25x – 100x = 750
6.25x = 750
x = 120
Cost price of the fridge = Rs.12000
Cost price of the A.C = 12000 * 3/2 = Rs.18000
Marked price of the A.C = 18000 * 130/100 =
Rs.23400
