Question
A shopkeeper sold a fridge for Rs. 1200, making a 20%
gain. The fridge was marked at Rs. 1400. What was the discount he provided to make only 10% profit?Solution
ATQ,
The shopkeeper originally bought the fridge for Rs. 1000. To make a 10% profit, he should sell it for Rs. 1100. Since the marked price was Rs. 1400, the discount given is:
Discount=1400β1100=300
The discount provided is Rs. 300 .
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