Question

A trader buys some T-shirts at 10 % rebate on printed price ₹ 450 per piece. For a long time he could not sell any T-shirt, so he sells it for ₹ 360 per piece. What amount of profit or loss per piece does he make? How much percentage of rebate does a customer earn?

Answer 1

Discount % = 10

Marked Price = Rs 450

Cost Price = Rs 450 - 450 x 0.1 = Rs 405.

Selling Price = Rs 360.

Since Selling Price is less than Cost Price, so the trader incurs a loss.

Loss = Cost Price - Selling Price = Rs 405 - Rs 360 = Rs 45.

Discount % of customer = (45/405) x 100% = 11.12% (Ans)

Answer 2

i ) marked price of T-Shirt (m p)

= Rs 450

Rebate ( d ) = 10%

cost price (c.p) = m.p[(100 - d)/100]

c.p = 450[(100-10)/100]

= 45 × 9

= Rs 405

ii ) Trader sells the t-shirt (s.p)

= Rs 360

iii ) Now , cost price of the

shirt to customer (c.p) = Rs 360

this c.p < m.p

Customer gets gain or profit

( g ) = m.p - c.p

= Rs 450 - Rs 360

= Rs 90

Profit percentage to customer

= ( g × 100 )/m.p

= ( 90 × 100 )/450

= 20%

Therefore ,

The customer gets 20% of

Rebate.

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