Discussion Forum : True Discount
Question -
The marked price is 20% higher than cost price. A discount of 20% is given on the marked price. By this type of sale, there is
Answer: Option D
Answer: (d)Let Cost price = Rs.100Marked price = Rs.120Selling price = ${120 × 80}/100$ = Rs.96Loss = Rs.4 and loss per cent = 4%Using Rule 8,Here, r = 20%, $r_1$ = 20%Loss % = ${r × (100 - r_1)}/100 - r_1$= ${20 × (100 - 20)}/100 - 20$= ${20 × 80}/100 - 20$= –4% (–ve sign shows loss)= 4% loss
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Answer: (d)Let Cost price = Rs.100Marked price = Rs.120Selling price = ${120 × 80}/100$ = Rs.96Loss = Rs.4 and loss per cent = 4%Using Rule 8,Here, r = 20%, $r_1$ = 20%Loss % = ${r × (100 - r_1)}/100 - r_1$= ${20 × (100 - 20)}/100 - 20$= ${20 × 80}/100 - 20$= –4% (–ve sign shows loss)= 4% loss
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