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      Question

      A mobile phone is purchased for Rs. 10,000 and Rs. 500

      is spent on its repair. The mobile phone is then marked 10% above its effective cost price and then sold for Rs. 11,000 after offering some discount. Find the discount offered.
      A Rs. 450 Correct Answer Incorrect Answer
      B Rs. 500 Correct Answer Incorrect Answer
      C Rs. 550 Correct Answer Incorrect Answer
      D Rs. 600 Correct Answer Incorrect Answer

      Solution

      Effective cost price of the mobile phone = 10000 + 500
      = Rs. 10,500 Marked price of the mobile phone = 110% of 10500
      = 1.1 Γ— 10500 = Rs. 11,550 Discount offered = 11550 βˆ’ 11000 = Rs. 550

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