While selling a watch, a shopkeeper gives a discount of 5 % . If he gives a discount of 6 %, he earns ₹ 15 less as profit. What is the marked price of the watch?

Q: While selling a watch, a shopkeeper gives a discount of 5 % . If he gives a discount of 6 %, he earns ₹ 15 less as profit. What is the marked price of the watch?

Given, r1 = 5 %, r2 = 6 %and earning = ₹ 15 Let marked price of the watch be ₹ N . Then, (6 - 5) % of N = 15 ⇒ N = 15 x 100 ∴ N = ₹ 1500

₹ 1250
₹ 1400
₹ 1500
₹ 750

Correct Answer: ₹ 1500

Explanation:

Given, r₁ = 5 %, r₂ = 6 %and earning = ₹ 15
Let marked price of the watch be ₹ N .
Then, (6 - 5) % of N = 15
⇒ N = 15 x 100
∴ N = ₹ 1500

More Questions from Discount

After allowing a discount of 16%, there was still a gain of 5%. Then, the percentage of marked price over the cost price is
A Shopkeeper marks an article at ₹ 60 and sells at a discount of 15%. He also gives a gift worth ₹ 3 . If the still makes 20% profit, the cost price is
A tradesman allows a discount of 15% on the marked price. How much above the cost price must he mark his goods as to gain 19%?
If marked price of an article an article is 30% more than its cost price and 10% discount is given, then profit per cent is
If a shopkeeper sold a book with 20% profit after giving a discount of 10% on marked price. The ratio of cost price and marked price of the book is
A shopkeeper marked 50% more price than cost price of the article . If he allows 30% discount to his customers, then his profit per cent is
A man purchased a shirt and pant with a discount of 25% on its marked price. He sold them at a price 40% more than the price at which he bought them. How much percent the new selling price to its marked price?
By selling an article at 80 % of its marked price, a trader makes a loss of 10 %, what will be a profit percentage, if he sells it at 95 % of its marked price?
What is the maximum percentage discount (approximately) that a merchant can offer on his marked price, so that he ends up selling at no profit or loss, if he initially marked his goods up by 40%?
A shopkeeper allows a discount of 10% to his customers and still gains 20%, the marked price of the article which costs ₹ 450, is

Discussion & Comments

No comments yet. Be the first to comment!