Question
A product is marked at Rs. 5,000 which is Rs. 2,000 more
than its cost price. If it is sold after giving a discount such that a profit of 10% is made, find the discount percentage ‘d’.Solution
ATQ,
Marked price of the article = Rs. 5,000
Cost price of the article = 5000 – 2000 = Rs. 3,000
Selling price of the article = 1.10 × 3000 = Rs. 3,300
So, d = {(5000 – 3300)/5000} × 100 = 34%
Therefore, value of ‘d’ = 34
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