A shopkeeper gains Rs 3000 by selling a mobile phone allowing 10% discount he would have gained Rs 5,000 if discount was not allowed what was the Marked price of mobile phone find it
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Marked price of mobile phone is Rs.20000
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Answer: The marked price of mobile phone is Rs. 20000.
Step-by-step explanation:
Since we have given that
Gain of a shopkeeper by selling a mobile phone = Rs. 3000
Rate of discount = 10%
Gain of a shopkeeper by selling a mobile phone if discount was not allowed = Rs. 5000
So, the difference of their gains is indicating the discount.
Let the marked price of mobile phone be 'x'.
According to question,
Hence, the marked price of mobile phone is Rs. 20000.
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