A trader buys some TVs at 20 % rebate on printed price ₹ 18,000. For a long time he could not sell any TV. So he sells it by giving a rebate of ₹ 2700 on printed price, what amount of profit or loss does he make? How much percentage of rebate does a customer earn?
Answers
Acc to question,
Discount % = 20
Marked Price = Rs 18000
Cost Price = Rs 18000 - 18000 x 20/100 = Rs 14400
Discount offered by trader = Rs 2700.
Selling Price = Rs 18000 - Rs 2700 = Rs 15300 (discount is offered on printed price)
Profit = Selling Price - Cost Price = Rs 15300 - Rs 14400 = Rs 900
Profit% = (Profit/Cost Price) x 100% = (900/14400) x 100% = 6.25%(Ans)
Therefore, percentage of rebate the customer availed is 6.25%.
i ) Printed price of T.V(x) = Rs18000
Rebate ( d ) = 20%
Cost price ( c.p ) = x [(100-d)/100]
= 18000[ (100-20)/100 ]
= 180 × 80
= Rs 14400
ii )Trader sell the T V giving
the rebate of Rs 2700
Selling price = Rs18000-Rs2700
= Rs 15300
iii ) s.p > c.p
Therefore , he gets the profit.
Profit = s.p - c.p
g = Rs15300 - Rs 11700
=> g = Rs 3600
iv ) profit percentage =(g×100)/c.p
= ( 3600 × 100 )/14400
= 25%
Therefore ,
The customer earn 25% rebate.
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i ) Printed price of T.V(x) = Rs18000
Rebate ( d ) = 20%
Cost price ( c.p ) = x [(100-d)/100]
= 18000[ (100-20)/100 ]
= 180 × 80
= Rs 14400
ii )Trader sell the T V giving
the rebate of Rs 2700
Selling price = Rs18000-Rs2700
= Rs 15300
iii ) s.p > c.p
Therefore , he gets the profit.
Profit = s.p - c.p
g = Rs15300 - Rs 11700
=> g = Rs 3600
iv ) profit percentage =(g×100)/c.p
= ( 3600 × 100 )/14400
= 25%
Therefore ,
The customer earn 25% rebate.
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