ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    The listed price of a gadget is Rs. 24,000. The seller

    gave a 10% discount and still made a gain of 25%. Find the difference between the discount given and the profit gained.
    A Rs.2,920 Correct Answer Incorrect Answer
    B Rs.1,020 Correct Answer Incorrect Answer
    C Rs.1,920 Correct Answer Incorrect Answer
    D Rs.1,900 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Selling price of gadget = 0.90 ├Ч 24,000 = Rs. 21,600 Cost price of gadget = 21,600 / 1.25 = Rs. 17,280 Profit earned = 21,600 - 17,280 = Rs. 4,320 Discount offered = 24,000 ├Ч 0.10 = Rs. 2,400 Therefore, required difference = 4,320 - 2,400 = Rs.1,920

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question