A tea set was bought for Rs.528 after getting a discount of 20%on its marked price. find the gain or loss%
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lets assume the actual price of tea pot to be = Rs. x
now there's discount of 20% on it implies = x . 20/100 = 2x/10
so its prices decreases to = x - 2x/10 = 8x/10
A/q 8x/10 = 528 ⇒ x = Rs. 660
now percentage gain for buyer would be 20% only cause it was discount
and perecntage loss to seller would be 20%.
Hope my ans to be correct.........
now there's discount of 20% on it implies = x . 20/100 = 2x/10
so its prices decreases to = x - 2x/10 = 8x/10
A/q 8x/10 = 528 ⇒ x = Rs. 660
now percentage gain for buyer would be 20% only cause it was discount
and perecntage loss to seller would be 20%.
Hope my ans to be correct.........
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