Question 68

A shopkeeper sold an item for Rs. 1,800 at a discount of 10% and gained Rs. 200. Had he not given the discount, his gain would be

Solution

Selling price = Rs. 1800

Profit = Rs. 200

=> Cost price = $$1800-200=Rs.$$ $$1600$$

Discount % = 10%

=> Marked price = $$\frac{1800}{(100-10)}\times100$$

= $$20\times100=Rs.$$ $$2,000$$

If no discount is given, => Selling price = Rs. $$2000$$

$$\therefore$$ Profit = $$2000-1600=Rs.$$ $$400$$

=> Ans - (B)

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