Question

The cost price of a refrigera-
tor is 28,000. The shopkeep-
er offers a discount of 20% on
it and loses 10%. The marked
price of the refrigerator is​

Answer 1

Answer:

31500

Step-by-step explanation:

90/80×28000,=31500

Answer 2

Given:

Cost=Rs.28,000

Discount=20%

Loss=10%

To find:

The marked price

Solution:

The required marked price of the refrigerator is Rs.31,500.

We will obtain the price of selling the refrigerator and then calculate the marked price.

The loss of selling the refrigerator=10% of the cost

So, the amount of loss=10% of 28,000

=Rs.2,800

The price of selling the refrigerator=cost-amount of loss

Using values,

=28,000-2,800

=Rs.25,200

Now, let the required price be M.

So, the amount of discount=20% of M

Also, marked price-discount amount=refrigerator's selling price

Using values, we get

M-20% of M=25,200

M-20M/100=25,200

(100M-20M)/100=25,200

80M/100=25,200

M=25,200×10/8

M=31,500

So, refrigerator is marked at Rs.31,500.

Thus, the refrigerator's required price is Rs.31,500.