how much more is the value after allowing 10percent discount on rs4000 than rs3050
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Let x be the cost price.
Then the sold price = x * 120/100 = 1.2x
Marked price = ₹4000
Sold price after discount = 4000 * 90/100 = ₹3600
Now, 1.2x = 3600
Hence x = 3600/1.2 =₹ 3000
Now, if profit is to be 12%, then selling price = 3000 * 112/100 = ₹3360
Hence discount to be offered = 4000 - 3360 = ₹640
Discount percentage = 640/4000 * 100 = 16
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