Question

A retailer buys a sewing machine at a discount of 15% and sells it for rs. 1955. Thus, he makes a profit of 15%. The discount is:

Answer 1

Answer:

293.25 P /D

Step-by-step explanation:

discount & profit remain same

Answer 2

The discount was 300.

Step-by-step explanation:

Consider the provided information.

The retailer sells it for Rs 1955 and makes a profit of 15%.

$Cp=\frac{Sp\times100}{100+profit}$

Substitute the respective values in the above formula.

$Cp=\frac{1955\times100}{100+15}$

$Cp=\frac{1955\times100}{115}$

$Cp=1700$

Hence, the cost price for retailer is 1700 rupees.

The retailer buys the machine at a discount of 15%.

That means he must pay 85% of the original price. Because 100%-15%=85%.

Let the marked price for retailer was x.

$x\times 0.85=1700\\\\x=\frac{1700}{0.85}\\\\x=2000$

Hence, the marked price for retailer was 2000 rupees and he got 15% discount. After getting discount he paid only 1700 rupees.

The discount received by the retailer was 2000-1700=300

Hence, the discount was 300.

#Learn more

Find the profit% if profit is 1992 and cost price is 11000

brainly.in/question/1653712