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      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%?
      A 120 Correct Answer Incorrect Answer
      B 145 Correct Answer Incorrect Answer
      C 125 Correct Answer Incorrect Answer
      D None of these Correct Answer Incorrect Answer

      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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