A shopkeeper selling lamps mark up the price of the lampsby 10%. After marking up the price, he sells the lamps at adiscount but he suffers an overall loss of 1% after giving thediscount. Find the discount percent that the shopkeeperoffered
Answers 2
Answer:
89% is correct answer
Step-by-step explanation:
100-10-1=89
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Author:
angelfj41
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Rate an answer:
6
Step-by-step explanation:
As per the data,
It is given that,
The shopkeeper mark up the price of lamp by 10%
So, let us assume that C.P. of the lamp is [tex]100x[/tex]
As the markup was done by 10%
So, MRP of the lamp will be [tex]100x + \frac{10}{100} \times 100x = 110x[/tex]
As we know,
The mark discount are given on the mark up price.
It is also given that, after giving a discount the sellers suffers a loss of 1%
So, selling price of the lamp will be [tex]100x -\frac{1}{100}\times 100x = 99x[/tex]
As we know that,
We have formula for finding the SP in term of discount and MP
[tex]SP = \frac{100 - \%d}{100}\times MP[/tex]
So, putting the value we will get,
[tex]99x = \frac{100 -\%d}{100}\times 110x\\= > 9=\frac{100 -\%d}{100}\times 10\\= > 9=\frac{100-\%d}{10}\\= > 100-\%d =90\\= > \%d = 100\%-90\% = 10%[/tex]
Hence, value of the discount offered will be 10%
Answer:
The value of the discount offered will be 10%.
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siroqfk3
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