Question
A bag of cost price of Rs. 6000 is marked up by a
certain percentage, and a discount percent of twice the markup percent is offered on it. If there is a loss of 15% in the transaction, then find the discount percent offered?Solution
ATQ, Selling price of the bag = 0.85 × 6000 = Rs. 5100 Let the markup percentage be x% and the discount percentage offered be 2x%. Therefore, Marked price = 6000 + x% of 6000 = Rs. (6000 + 60x) Discount = 2x% of (6000 + 60x) Therefore, selling price = 6000 + 60x – 120x = 5100 Or, x2 + 60x – 900 = 0 On solving, x = − 90 and 10 Therefore, Discount percentage = 2x = 20%.
In which of the following month the GST collection cross 1.5 Lakh Crores:
Which app has been launched by Kirern Rijiju in june 2020 to keep Indian athletes updated about banned substances?
Identify the correct match:
What significant multidimensional vulnerability does the UNDP's latest findings reveal about the Northern and Eastern regions of Sri Lanka?
In which of the following cities, the first pollinator park has been opened?
As of October 2019, what is the maximum amount of loan granted by a scheduled commercial bank that is covered under the Credit Guarantee Fund Scheme fo...
Who was sworn in as the Governor of Chhattisgarh in February 2023?
India is a part of which among the following given below?
What is Kalbaisakhi?
In which year was the Gandhi-Irwin Pact signed?