Question

2. The cost of manufacture of a
tape recorder is 1500. The
manufacturer fixes the marked
price 20% above the cost of
manufacture. If the manufac-
turer wants to gain 8%, what
is the rate of discount that can
be allowed ?​

Answer 1

Answer:

rs.1629..,............

Answer 2

Answer:

first 20% of cost = (20/100)×1500=300

now the mrp was 1500+ 300= 1800

he gains 8% = means on cost of manufacture =(8/100)×1500=120

discount can be given = 1800-120=1680

1680-1500=180

so discount on price was =(180/1800)×100=10% so final discount on mrp was

10%