Please enter the following details
Free Daily Targets & Mocks
Study Material & Formulas PDFs
1 on 1 Mentorship
Question 93
The cost price of anarticle is Rs 800/-. Its marked price is Rs 1000/-. The shopkeeper has announced a discount because of which he incurs a loss of 10%. The discount percentage is
Solution
After the discount, the loss incurred is = 10% i.e. 10% of 800 = 80 rupees
Hence, the product is sold for 800-80 = 720 rupees
The marked price of article was Rs. 1000 on which the discount D% was given
The actual selling price Rs. 720 is = (720/1000) = 72% of the marked price
This means, the discount percentage D = 100-72 = 28%
Create a FREE account and get:
- Download Maths Shortcuts PDF
- Get 300+ previous papers with solutions PDF
- 500+ Online Tests for Free
