Question 73

On a machine there is 10% trade discount on the marked price of Rs 2,50,000. But the machine is sold at Rs 2,16,000 after giving a cash discount. How much is this cash discount (in %)?

Solution

After trade discount price became=0.90×250000=225000 Rs.

let say he gave a x Rs of cash discount.

So, 2250000-x=216000.

So, x=9000.

So, percentage of cash discount was =

(9000/225000)×100=4 %.

B is correct choice.

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