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A retailer buys a cellphone at a discoun...

A retailer buys a cellphone at a discount of 15% and sells it for Rs. 5865. Thus, he makes a profit of 15%. The discount is:

A

Rs. 200

B

Rs. 850

C

Rs. 750

D

Rs. 900

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AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's break it down clearly: ### Step 1: Understand the Selling Price and Profit The retailer sells the cellphone for Rs. 5865 and makes a profit of 15%. ### Step 2: Calculate the Cost Price (CP) Let the Cost Price (CP) be \( x \). Since the retailer makes a profit of 15%, we can express the Selling Price (SP) in terms of CP: \[ SP = CP + 15\% \text{ of } CP = CP + 0.15 \times CP = 1.15 \times CP \] Given that the Selling Price (SP) is Rs. 5865, we can set up the equation: \[ 1.15 \times CP = 5865 \] ### Step 3: Solve for the Cost Price (CP) Now, we can solve for CP: \[ CP = \frac{5865}{1.15} \] Calculating this gives: \[ CP = 5100 \] ### Step 4: Calculate the Marked Price (MP) The retailer buys the cellphone at a discount of 15%. Let the Marked Price (MP) be \( y \). The relationship between the Marked Price and Cost Price is: \[ CP = MP - \text{Discount} \] Since the discount is 15% of the Marked Price: \[ CP = MP - 0.15 \times MP = 0.85 \times MP \] Thus, we can express the Marked Price in terms of Cost Price: \[ MP = \frac{CP}{0.85} \] Substituting the value of CP: \[ MP = \frac{5100}{0.85} \] Calculating this gives: \[ MP = 6000 \] ### Step 5: Calculate the Discount Now, we can find the discount amount: \[ \text{Discount} = MP - CP = 6000 - 5100 = 900 \] ### Final Answer Thus, the discount is Rs. 900. ---
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ARIHANT SSC-PROFIT, LOSS AND DISCOUNT-INTRODUCTORY EXERCISE 6 .2
  1. The cost price of a scooter is Rs. 20,000 and the profit percent is 12...

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  2. The SP of an article is Rs. 3200 and the profit per cent is 33 1/3%. F...

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  3. The CP of an aritcle is 5/6 th of the SP. What is the percentage profi...

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  4. The MP of a camera is 3/2 of the CP and SP is 9/10 of MP. Find the per...

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  5. The MP of an article is 30% higher than its CP and 20% discount is all...

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  6. An article is sold for Rs. 1980 at 10% profit. What is the cost price?

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  7. On selling an article for Rs. 576 a trader loses 4%. In order to gain ...

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  8. The per cent profit made when an article is sold for Rs. 56 is thrice ...

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  9. A shopkeeper uses a weight of 460 g instead of 500 g and sells the art...

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  10. A trader uses a weight of 920 g instead of 1 kg and sells the articles...

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  11. If a gift pack is sold at a gain of 6% instead of being sold at a loss...

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  12. A man sells a bicycle at a gain of 10%. If he had bought it at 10% les...

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  13. An item costing Rs. 600 is being sold at 20% loss. If the price is fur...

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  14. While selling an electric fan, a dealer gives a discount of 5%. If he ...

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  15. If a commission of 10% is given on the marked price of a book, the pub...

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  16. A retailer buys a cellphone at a discount of 15% and sells it for Rs. ...

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  17. At what percent above the cost price must an articles be marked so as ...

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  18. A merchant marks his goods at Rs. 900 and allows a discount of 25%. If...

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  19. A vendor buys oragnes @ Rs. 2 for 3 oranges and sells them at a rupee ...

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