While selling a watch, a shopkeeper gives a discount of 5%. If he gives a discount of 6%, he earns Rs.15 less as profit. What is the marked price of the watch?
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let the MP be x
then 1st discount allowed be 5%of x
5/100*x
1/20*x
2nd discount be 6%of x
6/100*x
3/50*x
according to question
3/50*x - 1/20*x = 15
(6x- 5x)/100 =15
x = 15*100
=1500
then 1st discount allowed be 5%of x
5/100*x
1/20*x
2nd discount be 6%of x
6/100*x
3/50*x
according to question
3/50*x - 1/20*x = 15
(6x- 5x)/100 =15
x = 15*100
=1500
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