Question
A digital wall clock is labeled with a price that is 75%
higher than its cost price, resulting in the marked price being Rs. 1,800 more than the cost price. If the Watch is sold at a profit of Rs. 750, determine the discount provided.Solution
ATQ, let 75% of Cost price = 1800 Or, (3/4) × Cost price = 1800 Or, Cost price of the Watch = Rs. 2,400 So, marked price of the watch = 1.75 × 2400 = Rs. 4,200 Selling price of the article = 2400 + 750 = Rs. 3,150 So, discount offered = 4200 - 3150 = Rs.1,050
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