man buys a gift for rs.1500. he wants to sell it at a profit of rs.150 on sales and he marks at rs.1800. what is the discount that he will give to his customers?
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Step-by-step explanation:
Since we have given that
Cost price of chair = Rs. 1500
Profit = Rs. 250
Discount = Rs. 100
So, Selling price would be
\begin{gathered}SP=CP+Profit\\\\SP=1500+250\\\\SP=1750\end{gathered}
SP=CP+Profit
SP=1500+250
SP=1750
And Marked price would be
\begin{gathered}MP=SP+Discount\\\\MP=1750+100\\\\MP=1850\end{gathered}
MP=SP+Discount
MP=1750+100
MP=1850
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