Question 53

A merchant changed his trade discount from 25% to 15%. This would increase selling price by

Solution

Let marked price = Rs. $$100x$$

If discount % = 25%

=> Selling price = $$100x \times \frac{75}{100}=Rs.$$ $$75x$$

Similarly, if discount % = 15%

=> Selling price = Rs. $$85x$$

$$\therefore$$ Increase in selling price = $$\frac{85x-75x}{75x} \times 100$$

= $$\frac{10}{3} \times 4=13\frac{1}{3}\%$$

=> Ans - (C)

Create a FREE account and get: