Profit and Loss Practice Test 3

Question : 2 of 40

Marks: +1, -0

At the time of selling a fan, a shopkeeper gives a discount of 6%. If he gives a discount of 9%, he earns Rs 90 less. The marked price of the fan is:

Solution:

\table \CP ,\MP ,\SP ,\Profit;100,x,x-6/100x,SP-CP;,,=94/100x,(94/100x-100);100,x,x-9/100x,(94/100x-100)-90;,,=91/100x,=94/100x-190

According to the statement,
SP - CP = Profit

91/100x-100=94/100x-190

91x- 10,000= 94x- 19,000

3x = 9,000

x = 3,000

Marked price of the fan = Rs 3,000

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