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    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 β€˜d’.
    A 45 Correct Answer Incorrect Answer
    B 13 Correct Answer Incorrect Answer
    C 28 Correct Answer Incorrect Answer
    D 34 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    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 Γ— 3000 = Rs. 3,300

    So, d = {(5000 – 3300)/5000} Γ— 100 = 34%

    Therefore, value of β€˜d’ = 34

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