The marked price of a refrigerator is 25,000 and a dealer buys it at 22,000
While selling it, the dealer gives a discount of 10% on the first 15,000 and 5% on
the remaining 10,000. Calculate:
(i) the total amount of discount in rupees,
(ii) the selling price of the refrigerator,
(iii) profit or loss in percent) made by the dealer.
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Answer:
(i) 10% of ₹15000 = ₹1,500,
5% of ₹10000 = ₹500
Total discount = ₹2,000
(ii) Marked Price - Discount Price = Selling Price,
₹25,000 - ₹2,000 = ₹23,000
(iii) Profit = Selling Price - Cost Price
₹1,000 = ₹23,000 - ₹22,000
Profit% = (Profit/Cost Price) x 100,
4.545 = (1000/22000) * 100
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