The marked price of a machine is ₹16,000. The shopkeeper gives two successive discounts of 15% and N% to the customer. If the customer paid ₹12,240 for the machine, the value of N is:
10%
After the first 15% discount, the price is \(16000\times0.85=13600\).
The customer paid ₹12,240, so the second discount factor is \(\dfrac{12240}{13600}=0.9\), meaning a 10% discount.
Hence, the value of N is 10%.
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Important Questions from Discount and MP
The marked price of an article is Rs. 1500. A shopkeeper sells it by giving 20% discount on its marked price. If the cost price of the article is Rs. 991, then his profit (in Rs.) is:
Surbhi sold an article for Rs. 176 after giving 12% discount on its marked price. Had she not given any discount; she would have earned a profit of 25%. What is the cost price (in Rs.) of the article?
The marked price of an article is Rs. 240. A shopkeeper sells it by allowing 18% discount on its marked price and still gains 23%. What is the cost price (in Rs.) of the article?
Three shopkeepers A, B and C marked on an identical article at Rs. 4820. A, B and C sold their article on successive discounts of 20% and 20%; 25% and 15%; 30% and 10% respectively. Which shopkeeper gives the maximum discount and how much (in Rs.)?
Find a single discount percentage equivalent to successive discounts of 10%, 20% and 25%.
