if a discount of 10% is given on the Marked price of a radio the gain is 20% if the discount is increased to 20% then find the game
Answers
Let price of object =100
10% discounted price = 90
90 rupees = 20 % profit
If CP = x
Then, x+ x/5 = 90
6x/5 =90
6x = 450
x = 75
At 20 % discount, price=80
Gain = 80-75 =5
Gain% = 5/75×100=6.66%
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The gain percent is
Solution:
Le the marked price = Rs 100
Discount = 10 %
Therefore,
Discount price = 10 % of 100
Thus,
selling price = marked price - discount price
selling price = 100 - 10
selling price = Rs 90
Given gain = 20 %
Therefore,
If the discount is increased to 20%,
Then 20 % of 100 = 20
SP = 100 - 20 = 80
Then,
Thus the gain percent is
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