Question
The marked price of a smartphone is Rs. 8,400, and the
profit earned from its sale is Rs. 1,200. If the ratio of the cost price to the selling price of the smartphone is 23:28, determine the discount provided (in Rs.).Solution
ATQ, Let the cost price and selling price of Smartphone be Rs. '23p' and Rs. '28p', respectively. So, 28p - 23p = 1,200 Or, 5p = 1,200 Or, 'p' = 240 Selling price of Smartphone = 28 Ă— 240 = Rs. 6,720 Therefore, discount offered = 8,400 - 6,720 = Rs. 1,680
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