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      Question

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

      gives a discount of 10% and still makes a profit of 25%. What is the difference between the discount given and the profit gained?
      A Rs.2,900 Correct Answer Incorrect Answer
      B Rs.1,920 Correct Answer Incorrect Answer
      C Rs.3,420 Correct Answer Incorrect Answer
      D Rs.2,920 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

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