Question
Download Solution PDFA Microwave oven is sold in Hyderabad for Rs. M. A retailer, Elahi from Hyderabad went to Madras and bought it for 25% less (when compared to the price in Hyderabad). He spends Rs. 1,000 on transport to bring it from Madras to Hyderabad. He sold it in Hyderabad for Rs. M making a profit of 10%. Find the value of M (in Rs.).
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
A Microwave oven is sold in Hyderabad for Rs. M.
A retailer, Elahi from Hyderabad went to Madras and bought it for 25% less (when compared to the price in Hyderabad).
Calculation:
Price at Madras = M × 75%
⇒ 3M/4
According to the question,
(3M/4 + 1000) × 110% = M
⇒ (3M/4 + 1000) × 110/100 = M
⇒ (3M/4 + 1000) × 110 = 100M
⇒ 82.5M + 110000 = 100M
⇒ 17.5M = 110000
⇒ M = 110000/17.5
⇒ M = 6285.71 ≈ 6285.7
∴ The value of M is 6285.7.
Last updated on Jul 22, 2025
-> The SSC CGL Notification 2025 has been announced for 14,582 vacancies of various Group B and C posts across central government departments.
-> The SSC CGL Tier 1 exam is scheduled to take place from 13th to 30th August 2025 in multiple shifts.
-> Candidates had filled out the SSC CGL Application Form from 9 June to 5 July, 2025. Now, 20 lakh+ candidates will be writing the SSC CGL 2025 Exam on the scheduled exam date. Download SSC Calendar 2025-25!
-> In the SSC CGL 2025 Notification, vacancies for two new posts, namely, "Section Head" and "Office Superintendent" have been announced.
-> Candidates can refer to the CGL Syllabus for a better understanding of the exam structure and pattern.
-> The CGL Eligibility is a bachelor’s degree in any discipline, with the age limit varying from post to post.
-> The SSC CGL Salary structure varies by post, with entry-level posts starting at Pay Level-4 (Rs. 25,500 to 81,100/-) and going up to Pay Level-7 (Rs. 44,900 to 1,42,400/-).
-> Attempt SSC CGL Free English Mock Test and SSC CGL Current Affairs Mock Test.