11. At 12% discount, the selling price of a pen is
13.20. Find its marked price. Also, find the
new selling price of the pen, if it is sold at 5%
discount.
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Answers
Explanation:
Let M.P be x,
then discount =(12/100)×x=12x/100
SP=MP-Discount
13.20=x-(12x/100)
13.20=(100x-12x)/100
1320/88=x
x=Rs15
MP=Rs15
For 5% discount
Discount = d% of MP=(5×100)×15=Rs3/4
SP =15-(3/4)= (15×4-3)/4= Rs 57/4= Rs 14.25
Marked Price is Rs 15 AND
selling price is Rs 14.25
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Here is your answer
STEP 1: Form the equation:
100 - 12 = 188%
The pens were sold at 88%
The pens were sold at 13.20
88% = 13.20
.............................................................................................
STEP 2: Find the marked price:
88% = 13.20
1% = 13.20 ÷ 88 = 0.15
100% = 0.15 x 100
Marked Price = 15
.............................................................................................
STEP 3: Find the discounted price:
5% discount = 0.05 x 15 = 0.75
Discounted Price = 15 - 0.75
Discounted price = 14.25
..............................................................................................
Answer: The marked price is 15 and the price at 15% is 14.25
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