A shopkeeper purchased a toy at a discount of 20% and sold it for ₹9600. And made a profit of 20%. Find the discount (in Rs) the shopkeeper got.
Answers
Answer:
Given :
A shopkeeper purchased a toy at a discount of 20%and sells it at Rs.9600and makes a profit of 20%.
FORMULA USED :
Marked price =CP+ Marked price
SP=Marked price -Discount
CALCULATION :
let marked price be=100x
=>Discounted price =marked price *(100 -discount )\100
=>Discounted price =100x *(80\100) =80x
Then, SP =80x * (200\100)=96x
According to the question ,the SP =9600
=>90x=9600
=>x=100
so, marked price =100* 100=10000
=> discount = 10000 *( 20\100) = Rs. 2000
therefore, The discount is Rs.2000
HOPE IT HELPS !!!!
Given: A shopkeeper purchased a toy at a discount of 20% and sold it for Rs9600. and made a profit of 20%.
To find The discount (in Rs) the shopkeeper got.
Solution: The formula of Marked price and selling price are
Marked price = (cost price + markup)
selling price = (Marked price - discount)
Let the price marked be = 100x
According to formula => Discount = (Marked price x (100 - Discount) /100
= 100x X (80/100)
= 80x
and selling price = 80x X (120/100)
= 96x
as, The selling price is given in the question ie, 9600
96x = 9600
x = 100
so, Marked price = 100 X 100
= 10000
Therefore Discount = {10000 X (20/100)}
= 2000 Rs
Hence discount the shopkeeper got = Rs 2000