Question
A mobile phone was tagged 25% above its cost price. A
discount was applied, resulting in a loss of 10%. Now, if the same discount is maintained, by what percentage is the selling price less than the new marked price when the loss is 5%?Solution
ATQ,
Let the cost price of the mobile phone be Rs. x Therefore, marked price of the mobile phone = Rs. 1.25x Selling price of the mobile phone at 10% loss = Rs. 0.90x Discount given on the mobile = 1.25x – 0.90x = Rs. 0.35x Selling price of the mobile at 5% loss = Rs. 0.95x Marked price of mobile keeping the discount same = 0.95x + 0.35x = Rs. 1.30x Required percentage = (0.35x / 1.30x) × 100 = 26.92%
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