A retailer buys a sewing machine at a discount of 15 and sells it at 1955
Answers
Answer:
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Explanation:
Explanation:
Given A retailer buys a sewing machine at a discount of 15% and sells it at Rs 1955. In the bargain he makes a profit of 15%. How much is the discount which he got from the wholesale?
Let the marked price be Rs x
Discount is 15%
Cost price of machinery for the dealer = (x - 15% of x) = Rs 17 x / 20 x
15% of 17 x / 20 = 1955 – 17 x / 20
51 x / 400 + 17 x / 20 = 1955
391 x = 1955 x 400
391 x = 782000
So x = Rs 2000
Now discount received by the retailer = 2000 x 15 / 100
= Rs 300