If a watch is marked at Rs. 6000 and the shopkeeper offers a discount of 20% on it, what would be the selling price? *
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2
Answer:
Profit is 25% of cost ie. 1/4th of cost ie. 1/5th of sales = Rs. 6,000/-
Sale price (after discount) is Rs. 30,000/- (6,000*5)
Discount is 20% on advertised price ie. 1/5th of advertised price ie. 1/4th of final sale price.
Advertised price is 25% higher ie. Rs. 37,500/- (30,000*125%)
Crosscheck:
Advertised price = 37500
Discount @ 20%= 7500
Final sale = 30000
Profit = 6000
Cost = 24000
Profit% = 6000/24000= 25%
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Answer:
4800
Step-by-step explanation:
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