Question
P purchased a book from registered store and gets 20%
discount while Q purchased the same book from a roadside stall and got 24% discount. If Q paid Rs. 1102 for the book, then find the amount saved by Q in comparison to P.Solution
Marked price of the book = 1102/0.76 = Rs. 1450 Amount paid by P = 0.80 × 1450 = Rs. 1160 Required difference = 1160 – 1102 = Rs. 58
In an inventory control model the ‘Buffer stock’ is the level of stock
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