Swatantra Distributers allows 15%
discount on the list price of washing
machine. Further 5% discount is given for
cash payment. Find the list price of the
washing machine if it was sold for the net amount Rs.38356.25
Answers
Solution:
Given:
Discount on list price=15%
Discount given for cash payment=5%
Selling price of washing machine=38356.25
Let:
- The list price of washing machine be X
To Find:
- The list price of washing machine
A.T.Q:
- Using formula here
Hence,
The list price of washing machine=Rs.47500
Given :-
- First Discount = 15% .
- Second Discount = 5% .
- SP after Two Discount = Rs.38356.25
To Find :-
- Marked Price of The washing Machine ?
Formula used :-
- MP = SP * 100 / (100 - Discount %)
Solution :-
Lets Solve from Backward .
→ SP of washing Machine = Rs.38356.25
→ Discount % Before That = 5 %
→ MP = SP * 100 / (100 - Discount %)
→ MP = [ 38356.25 * 100 / ( 100 - 5) ]
→ MP = (38356.25 * 100) / 95
→ MP = (3835625/95)
→ MP = Rs.40375 .
_________________
Now, This was the SP after washing Machine was sold after giving Discount of 15% .
So,
→ SP = Rs.40375
→ Discount % = 15%
→ MP = SP * 100 / (100 - Discount %)
→ MP = [ 40375 * 100 / ( 100 - 15) ]
→ MP = (40375 * 100) / 85
→ MP = Rs.47500 (Ans.)
Hence, The List Price of The washing Machine was Rs.47500.
__________________
Shortcut :-
☛ MP = (Final SP) * {100 / (100 - D₁ %)}* * {100 / (100 - D₂ %)}
Given :-
➪ Final SP = Rs.38356.25
➪ D₁ % = 15% .
➪ D₂ % = 5% .
Putting All Values we get :-
☞ MP = ( 38356.25) * {100/(100-15)} * {100/(100-5)}
☞ MP = 38356.25 * (100/85) * (100/95)