Question
A dealer sold a laptop for Rs. 660 and gained 10%. If he
had originally marked the laptop at Rs. 750, what discount did he offer to make a profit of 5%?Solution
ATQ,
Cost price = 660 ÷ 1.10 = Rs. 600
New selling price for 5% profit = 600 × 1.05 = Rs. 630
Discount = 750 – 630 = Rs. 120
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