Question

A retailer allows a trade discount of 20% and a cash discount of 5% on every article he sells. If a customer pays #1900 cash for an article , calculate the ;{i} cash discount {ii} marked price

Answer 1

Step-by-step explanation:

1900×100/95=2000

so,

cash discount rs 100

2000×10/8=2500

so,

marked price rs 2500

Answer 2

Answer:

{i} cash discount =  100

{ii} marked price =  2500

Given:

A retailer allows a trade discount of 20% and a cash discount of 5% on every article

a customer pays #1900 cash for an article

To find:

{i} cash discount

{ii} marked price

Solution:

trade discount = 20%

cash discount = 5 %

Let price before cash discount = X.

Then, 1900 = X - (X * 5%)
=> 1900 = 0.95*X
=> 2000 = X

Hence, cash discount = 2000 - 1900 = 100

Now, Marked Price = price before any trade or discount
=> 2000 = MP - (MP * 20%)
=> 2000 = 0.80 * MP

=> 2500 = MP  

Hence, 100 and 2500 are the correct answers.

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