Question

A trader buys some TVs at 20 % rebate on printed price Rs.18,000. For a long time he could not sell any TV. So he sells it by giving a rebate of Rs.2700 on printed price, what amount of profit or loss does he make? How much percentage of rebate does a customer earn?

Answer 1

Hello!

• $\textbf{Discount}$ % = 20

• $\textbf{Marked\: Price}$ = Rs. 18000

• $\textbf{Discount \:offered\: by\: trader}$ = Rs. 2700.

• Selling Price = Rs. 18000 - Rs. 2700 = $\boxed{\sf Rs.\:15300}$

• Cost Price = Rs 18000 - 18000 x $\dfrac{\sf 20}{\sf 100}$ = $\boxed{\sf Rs.\: 14400}$

Then,

$\textbf{Profit}$ = Rs 15300 - Rs 14400 = Rs. 900

$\textbf{Profit}$ % = $\dfrac{\sf Profit} {\sf Cost\: Price}$ x 100% = $\dfrac{\sf 900}{\sf 14400}$ x 100% = $\boxed{\boxed{6.25\%}}$

Cheers!