Question

The marked price of a mobile set is Rs 9,600 and 40% discount is allowed to make 20% profit. By what percent is the discount to be reduced to increase the profit by 10%?​

Answer 1

5%

Explanation:

price after discount :

9 600 - 9 600×40%

= 5760

Original price (price without profit) :

let x be the original price of the device.

x + x × 20% = 5760

Then

x = (5 760×100)÷120

= 4 800

Original price increased by 30% :

4 800 + 4 800×30%

= 6 240

the discount needed to increase the profit by 10% :

[(9 600-6 240)÷9 600]×100

= 35%

Then

to increase the profit by 10% ,we have to reduce

the percent of discount to :

40% - 35%

= 5%