Question
A blender is tagged at a price which is 40% more than its
cost. If its marked price is Rs. 14,000 and the buyer is offered 15% discount, calculate the gain for the seller.Solution
ATQ,
Cost price = 14,000 / 1.4 = Rs. 10,000
Selling price = 0.85 × 14,000 = Rs. 11,900
Profit = 11,900 - 10,000 = Rs. 1,900
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