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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 ₹ 5865. Thus, he makes a profit of `15%`. The discount is

A

₹ 200

B

₹ 850

C

₹ 750

D

₹ 900

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step-by-step, we will follow the given information and perform the necessary calculations. ### Step 1: Understand the Selling Price and Profit The retailer sells the cellphone for ₹5865 and makes a profit of 15%. ### Step 2: Calculate the Cost Price (CP) To find the Cost Price (CP), we can use the formula for profit: \[ \text{Selling Price (SP)} = \text{Cost Price (CP)} + \text{Profit} \] Given that the profit is 15% of the Cost Price, we can express this as: \[ \text{Profit} = 0.15 \times \text{CP} \] Thus, we can rewrite the Selling Price formula as: \[ SP = CP + 0.15 \times CP = 1.15 \times CP \] Now, substituting the Selling Price: \[ 5865 = 1.15 \times CP \] ### Step 3: Solve for Cost Price (CP) To find CP, we rearrange the equation: \[ CP = \frac{5865}{1.15} \] Calculating this gives: \[ CP = 5100 \] ### Step 4: Understand the Discount The retailer bought the cellphone at a discount of 15%. This means the Cost Price (CP) is 85% of the marked price (MP). We can express this as: \[ CP = 0.85 \times MP \] We already calculated CP as ₹5100, so we can set up the equation: \[ 5100 = 0.85 \times MP \] ### Step 5: Solve for Marked Price (MP) To find the Marked Price, we rearrange the equation: \[ MP = \frac{5100}{0.85} \] Calculating this gives: \[ MP = 6000 \] ### Step 6: Calculate the Discount Amount The discount amount can be calculated as: \[ \text{Discount} = MP - CP \] Substituting the values we found: \[ \text{Discount} = 6000 - 5100 = 900 \] ### Conclusion The discount on the cellphone is ₹900.
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