Question

Aman decleared that he will give 20% discount on each items

in his shop. Sita bought a rice cooker from the shop at Rs.
3,500. If the shopkeeper made a profit of 5% on selling rice
cooker to Sita, find the cost price, marked price and discount
amount of the rice cooker.​

Answer 1

Let be cost price =Rs.100

Then mark price =Rs.120

∴ Selling price =90% of 120

=

100

120×90

=Rs.108

Profit = Selling price− Cost price

=Rs.(108−100)=Rs.8

Profit % =

100

8×100

=8%