Question

. The marked price of a washing machine is 20,800. A shopkeeper allows two
discounts of 12% and 5%. Find the selling price of the washing machine.​

Answer 1

Answer:

The marked price is Rs. 28,000, which in terms o percentage, it's 100%.

The shopkeeper sold the washing machine at a 20% discount on the marked price. That means, he reduced the price by 20%. Meaning he sold the washing machine at 80% that is ( 100% - 20% ).

If we get 80% of the marked price,

(80/100) is same as 80%

(80/100) × 28000 = Rs. 22,400

This is the price at which he sold the washing machine.

The Goods and Services Tax (GST) which is 28% of the marked price is included in the marked price. Therefore, the value of the GST is 28% × 28000.

Which is

(28/100) × 28000 = Rs. 7840

If the GST is Rs. 7840 and the machine was sold at Rs. 22400, then the real price of the machine in our case is 22400 - 7840 = 14,560

If the shopkeeper had sold the machine at the marked price, its real price, without the GST would have been 28000 - 7840 = 20,160

This shows that the shopkeeper made a loss of :

20,160 - 14,560 = 5600

Percentage loss = (loss/ the real selling price) ×100

(5600/20160) × 100 = 27.777%

He made a 27.777% loss.