Question

A dealer purchased a refrigerator from a wholesaler at Rs.25500. After offering a discount of 20% on its marked price, the dealer gains 20%. Find:
a. the selling price of the refrigerator
b. the marked price of the refrigerator

Answer 1

Given: A dealer purchased a refrigerator from a wholesaler at Rs.25500. After offering a discount of 20% on its marked price, the dealer gains 20%

To find: a. the selling price of the refrigerator

b. the marked price of the refrigerator

Solution:

The cost price is given as 25,500 and the gain percent is 20%.

Then sp will be 100+profit/ 100 into cp value

sp= 120/100 into 25500 = 30600

Discount= 20 percent

MP= cp- discount percent on cp

MP= 25500- 20 percent of 25500= 25500-5100= 20400

a. SP= 30,600

b. MP= 20400

Answer 2

Given :  A dealer purchased a refrigerator from a wholesaler at 25,500 After offering a discount of 20% on its marked price the dealer gains 20%

To Find:

a selling price of refrigerator

b the marked price of the refrigerator​

Solution:

 A dealer purchased a refrigerator from a wholesaler at 25,500

Cost Price for Dealer = Rs 25,500

Gain = 20%

Gain = (20/100) (25,500)  =  5100  Rs

Selling Price = Cost Price + gain

=> Selling Price = 25500 + 5100

=> Selling Price =30600  rs

Marked Price =  M  rs

Discount = 20%

Discount = (20/100)M = 0.2M  Rs

Selling price = Marked Price - Discount

=> 30600 = M - 0.2M

=> 30600 = 0.8M

=> M = 38250  Rs

the marked price of the refrigerator​ = 38250  Rs

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