A scientific calculator is available at Universal Shoppe in Hazratganz at 20% discount and the same is available at only 15% discount at universal shoppe Bhootnath market. Ms. Agrawal has just sufficient amount of Rs.800 to purchase it at universal Shoppe Hazratganz. What is the amount that Ms. Agrawal has less than the required amount to purchase it at universal soppe Bhootnath?
Correct Answer: Rs. 50
Explanation:
Let markup price be y.
Cost price (CP) = 20 % discount on MP = 0.8y = 800
⇒ y= Rs.1000 MP SP at Hazratganz = Rs. 800
SP at Bhootnath = 1000 X 0.85 = 850 So, she requires Rs. 50 more to purchase the same calculator at Bhootnath.
