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      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?
      A 120 Correct Answer Incorrect Answer
      B 145 Correct Answer Incorrect Answer
      C 300 Correct Answer Incorrect Answer
      D None of these Correct Answer Incorrect Answer

      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=1400βˆ’1100=300

      The discount provided is Rs. 300 .

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