Question
A dealer purchased a washing machine for Rs. 6400. After allowing a discount of 20% on its marked price, he still gains 30%. Find the marked price of the washing machine.
The correct answer is
Rs. 10,400
Step 1: Form the equation:
\(SP=6400(1.30)=8320\)
Step 2: Calculate the required result:
\(MP=\frac{SP}{0.80}=\frac{8320}{0.80}=10400\)
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Important Questions from Discount and MP
- Two successive discounts of 25% and 10% on a deal are equivalent to a single discount of:
- A shopkeeper offers the following three schemes. Which scheme has the maximum discount percent?
I. Two successive discounts of 15% and 20%.
II. Buy 4 get 2 free.
III. Buy 6 get 4 free - A shopkeeper is given a 10% trade discount and a 5% scheme discount (free units). On purchasing 100 units priced at ₹50 each, what is the trade discount amount?
- What is the equivalent single discount for successive discounts of 20% and 10%?
- Rahul buys a box of pens (listed price of ₹900) with a trade discount of 30%. What is the net price?
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