A trader allows successive discounts of $$15\%$$ and $$10\%$$ on the marked price of an article. If the marked price is $$Rs. 100$$, what would be the selling price?
Explanation
Cost of transporting $$150\ kg$$ over $$120\ km=50$$
Cost of transporting $$1\ kg$$ over $$1\ km=\dfrac{50}{(150\times 130)}$$
Cost of transporting $$180\ kg$$ over $$300\ km=\dfrac{50}{(150\times 130)}\times (180\times 300)=Rs.150$$
Rice cost for $$8$$ members for $$20$$ days= $$480$$rs
$$8$$ members for $$1$$ day = $$480/20=24$$
$$1$$ member for $$1$$ day =$$24/8=3$$
$$12$$ members for $$1$$ day =$$12 \times 3=36$$
$$12$$ members for $$15$$ days =$$36 \times 15=540$$
The cost of $$60Kg$$ commodity is $$5\times 60=300Rs.$$
The cost of $$150$$ Kg commodity is $$6\times 150=900Rs.$$
The overall cost is $$300+900=1200$$
The total selling price is $$210\times 7=1470$$
The net profit is $$1470-1200=270$$
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