Discussion Forum : True Discount
Question -
The marked price of an electric iron is Rs.690. The shopkeeper allows a discount of 10% and gains 8%. If no discount is allowed, his gain per cent would be
Answer: Option C
Answer: (c)Marked price = Rs.690Discount = 10%SP = ${690 × 90}/100$ = Rs.621Profit = 8%CP = $621/108 × 100$ = Rs.575Profit without discount= 690 - 575 = Rs.115Profit per cent= $115/575 × 100$ = 20%Using Rule 9,The marked price of an article is fixed in such a way that after allowing a discount of r% a profit of R% is obtained. Then the marked price of the article is $({r + R}/{100 - r} × 100)$% more than its cost price.
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Answer: (c)Marked price = Rs.690Discount = 10%SP = ${690 × 90}/100$ = Rs.621Profit = 8%CP = $621/108 × 100$ = Rs.575Profit without discount= 690 - 575 = Rs.115Profit per cent= $115/575 × 100$ = 20%Using Rule 9,The marked price of an article is fixed in such a way that after allowing a discount of r% a profit of R% is obtained. Then the marked price of the article is $({r + R}/{100 - r} × 100)$% more than its cost price.
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