a man buy a mobilephone at discount of 15% and sold it for 14365. in the process he makes a profit of Rs 30% what was discount.
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Given : a man buy a mobilephone at discount of 15% and sold it for 14365. in the process he makes a profit of Rs 30%
To Find : The Discount
Solution:
Let say mobile price before discount = 1000x Rs
Discount = (15/100)1000x = 150x Rs
Cost price = 1000x - 150x = 850 x Rs
30 % profit = (30/100)850x = 255x Rs
Selling price = 850x + 255x = 1105x Rs
1105x = 14365
=> x = 13
Hence discount = 150x = 150 * 13 = Rs 1950
Discount was Rs 1950
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