Question
An item is listed at Rs. 3,000, which is Rs. 1,200 more
than its cost price. If it is sold after allowing a discount of βd%β and the seller gains 20%, calculate the value of βdβ.Solution
ATQ,
Marked price of the article = Rs. 3,000
Cost price of the article = 3000 β 1200 = Rs. 1,800
Selling price of the article = 1.20 Γ 1800 = Rs. 2,160
So, d = {(3000 β 2160)/3000} Γ 100 = 28%
Therefore, value of βdβ = 28
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