Question
The listed price of a laptop is Rs. 25,000. A retailer
sold it after offering 12% discount and making a profit of 25%. What is the difference between the discount allowed and the profit gained?Solution
ATQ,
Selling price of laptop = 0.88 × 25,000 = Rs. 22,000 Cost price of laptop = 22,000 / 1.25 = Rs. 17,600 Profit earned = 22,000 - 17,600 = Rs. 4,400 Discount offered = 25,000 × 0.12 = Rs. 3,000 Therefore, required difference = 4,400 - 3,000 = Rs. 1,400
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