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?
    A Rs.2400 Correct Answer Incorrect Answer
    B Rs.1400 Correct Answer Incorrect Answer
    C Rs.3200 Correct Answer Incorrect Answer
    D Rs.2500 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    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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