Question

A trader buys an electric fan for Rs. 2500. He raises the price by 40% and then offers 15% discount. At what price does he sells it

Answer 1

2500×40/100=1000
2500+1000=3500
3500×15/100=525
3500-525=2975

Answer 2

He should sell at Rs. 2975.

Step-by-step explanation:

Since we have given that

Cost price of an electric fan = Rs. 2500

Raised price = 40%

Discount = 15%

So, Raised price would be

$\dfrac{40}{100}\times 2500\\\\=0.4\times 2500\\\\=1000$

Price after raised is given by

$2500+1000\\\\=Rs.\ 3500$

So, Amount of discount would be

$\dfrac{15}{100}\times 3500\\\\=0.15\times 3500\\\\=525$

So, Total selling price would be

$3500-525\\\\=Rs.\ 2975$

Hence, he should sell at Rs. 2975.

# learn more:

Ramesh buys a fan on 25% discount on marked price. he earns a profit of 10% by selling it in rs. 660 than what is the marked price of the fan?

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