Bijaya marked the price of a watch at Rs 2400. he sold it allowing a discount of 15% and made a profit of Rs 240 find the cost price of the watch
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Marked price will be =C.P.+25 % of C.P.=
100
125
×C.P.=
100
125
×2,400=Rs3,000
And Discount =15 % of Marked Price =
100
15
×3,000=Rs450
And Selling price will be = Marked Price − Discount =Rs3,000−Rs450=Rs2550
Now, Gain =S.P.−C,P,=Rs2550−Rs2400=Rs150
Gain % =
C.P.
S.P.−C.P.
×100=
2400
2550−2400
×100=6.25 %
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