The marked price of a book is Rs 2000. If it is sold
at 15% discount and 25% profit, find the amount, selling price and cost price.
Answers
Answer: AnswEr :
Cost Price ( CP ) = Rs. 1500
Marked Price ( MP ) = Rs. 2000
Discount% = 15%
1) Find the Discount [ In Amount ]
⇒ Discount = MP × Discount%
⇒ Discount = 2000 × 15 / 100
⇒ Discount = 20 × 15
⇒ Discount = Rs. 300
჻ Discount on the Book will be Rs. 300.
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2) Find the Selling Price of the Book?
⇒ SP = MP × (100 - Discount%)
⇒ SP = 2000 × (100 - 15%)
⇒ SP = 2000 × 85%
⇒ SP = 2000 × 85 /100
⇒ SP = 20 × 85
⇒ SP = Rs. 1700
Another Way to Find SP
⇒ SP = Marked Price - Discount Allowed
⇒ SP = Rs. 2000 - Rs. 300
⇒ SP = Rs. 1700
჻ Selling Price of the Book is Rs. 1700
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3) Profit/Loss on the Book?
As, Cost Price is less than Selling Price then that is sure Profit for Seller.
⇒ Profit = SP - CP
⇒ Profit = Rs. 1700 - Rs. 1500
⇒ Profit = Rs. 200
჻ Profit on the Selling of Book is Rs. 200
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4) Profit/Loss% on the Book?
⇒ Profit% = Profit / CP × 100
⇒ Profit% = 200 / 1500 × 100
⇒ Profit% = 200 / 15
⇒ Profit% = 13.33%
჻ Profit% on the Selling of Book is 13.33%
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Hope it helps uh cheerio !!
Step-by-step explanation:
- Here, Marked price = ₹2000
- Discount% = 15%
- So, Discount% = Discount / Marked price *100
- 15 = Discount / 2000 *100
- Discount = 15*20 =₹300
- Now, Selling price = Marked price - Discount = 2000-300 =₹1700
- Then, we know that Cost price = SP *100/100+profit%
- Profit% = 25%
- Cost price = 1700*100/100+25 = 170000/125 =₹1360