5. A dealer purchased a refrigerator from a wholesaler at 3 25,500. After offering a discount of 20% on
as marked price, the dealer gains 20%. Find:
the selling price of the refrigerator
the marked price of the refrigerator
b.
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Answer:
Since we have given that
Cost price of refrigerator = Rs. 25500
Profit % = 205
Discount % = 20%
We need to find the marked price.
So, it becomes,
\begin{gathered}MP=CP=\dfrac{100+Profit}{100-Discount}\\\\MP=25500\times \dfrac{100+20}{100-20}\\\\MP=25500\times \dfrac{120}{80}\\\\MP=38250\end{gathered}
MP=CP=
100−Discount
100+Profit
MP=25500×
100−20
100+20
MP=25500×
80
120
MP=38250
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