Question

after allowing 20% discount on the marked price then buying 10% vat a radio was sold . if buyer paid RS 320 for vat. what was the marked price and how much was the discount

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Answer 1

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Maths

Comparing Quantities

Prices Related to Buying and Selling

If 10

MATHS

If 10% discount is allowed on the marked price of an article, the profit of a dealer is 20%. If he allows a discount of 20%, his profit will be

MEDIUM

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ANSWER

Let the M.P. of the article = Rs.100

Discount = 10%

∴ S.P. = 90% of Rs.100 = Rs.90, Profit = 20%

∴C.P.=Rs.

120

90×100

=Rs.75

If the discount is 20% then S.P. = 80% of Rs.100 = Rs.80

∴ Required profit % =

75

(80×75)

=100 =

75

5

×100=6

3

2

%