A shopkeeper selling lamps mark up the price of the lamps
by 10%. After marking up the price, he sells the lamps at a
discount but he suffers an overall loss of 1% after giving the
discount. Find the discount percent that the shopkeeper
offered
Answers
Answered by
2
Answer:
89% is correct answer
Step-by-step explanation:
100-10-1=89
Answered by
1
Step-by-step explanation:
As per the data,
It is given that,
The shopkeeper mark up the price of lamp by 10%
So, let us assume that C.P. of the lamp is
As the markup was done by 10%
So, MRP of the lamp will be
As we know,
The mark discount are given on the mark up price.
It is also given that, after giving a discount the sellers suffers a loss of 1%
So, selling price of the lamp will be
As we know that,
We have formula for finding the SP in term of discount and MP
So, putting the value we will get,
Hence, value of the discount offered will be 10%
Answer:
The value of the discount offered will be 10%.
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