Question

33. Marked price on a pen is 7166 and if it is sold at
122.40 it suffers a loss of 10%, then what is C.P.
of the pen?​

Answer 1

Answer:

The list price of parker pen is Rs.160

⇒ Selling price of parker pen is Rs.122.40

⇒ Total discount = Rs.160−Rs.122.40=Rs.37.60

⇒ Fist discount is 10% on list price

∴ Fist discount = 10/100×160=Rs.16

⇒ Second discount = Rs.37.60−Rs.16=Rs.21.60

⇒ Pen price after 1st discount = Rs.160−Rs.16=Rs.144

⇒ Second discount % = 21.60/144 × 100= 15%