A firm dealing in furniture allows a 5% discount on the marked price of each item. What price must be marked on a dining table that costs ₹ 2000 to assemble, so as to make a profit of 14%?

A firm dealing in furniture allows a 5% discount on the marked price of each item. What price must be marked on a dining table that costs ₹ 2000 to as

A firm dealing in furniture allows a 5% discount on the marked price of each item. What price must be marked on a dining table that costs ₹ 2000 to assemble, so as to make a profit of 14%?

A. ₹ 3800
B. ₹ 2700
C. ₹ 2500
D. ₹ 2400

The correct answer is option D. 2400. Can you explain this answer in the comments?

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1. How to Prepare for Quantitative Aptitude for CAT by Arun Sharma

2. Ace Quantitative Aptitude For Banking and Insurance

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4. Quantitative Aptitude for Competitive Examinations by R.S. Aggarwal

5. Best 4000 Smart Practice Questions for Banking by S. Chand Experts

A firm dealing in furniture allows a 5% discount on the marked price of each item. What price must be marked on a dining table that costs ₹ 2000 to assemble, so as to make a profit of 14%?

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Mr. Ashutosh Nautiyal is a student who is pursuing his post-graduation (MBA in Infrastructure Development and Management) from SCMHRD, Pune. He has done his B.Tech in Civil Engineering from BTKIT, Dwarahat and his schooling from Omkarananda Saraswat…

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A firm dealing in furniture allows a 5% discount on the marked price of each item. What price must be marked on a dining table that costs ₹ 2000 to assemble, so as to make a profit of 14%?

A firm dealing in furniture allows a 5% discount on the marked price of each item. What price must be marked on a dining table that costs ₹ 2000 to assemble, so as to make a profit of 14%?

The correct answer is option D. 2400. Can you explain this answer in the comments?

View Complete Solution Here

Books I recommend for Quantitative Aptitude:

1. How to Prepare for Quantitative Aptitude for CAT by Arun Sharma

2. Ace Quantitative Aptitude For Banking and Insurance

3. Quantitative Aptitude Quantum CAT by Sarvesh K Verma

4. Quantitative Aptitude for Competitive Examinations by R.S. Aggarwal

5. Best 4000 Smart Practice Questions for Banking by S. Chand Experts

About the Author

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