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A shopkeeper allow 25% discount on mark ...

A shopkeeper allow 25% discount on mark price and earn 30% profit. If he gets 90 profit. Find the amount of the discount.

A

a)Rs 130

B

b)Rs 125

C

c)Rs 190

D

d)Rs 140

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's break it down: ### Step 1: Understand the given information - The shopkeeper allows a 25% discount on the marked price (MP). - He earns a 30% profit on the cost price (CP). - The profit earned is ₹90. ### Step 2: Calculate the Cost Price (CP) Since the profit is 30% of the CP and the profit earned is ₹90, we can set up the equation: \[ \text{Profit} = \frac{30}{100} \times \text{CP} = 90 \] To find the CP, we rearrange the equation: \[ \text{CP} = \frac{90 \times 100}{30} = 300 \text{ rupees} \] ### Step 3: Calculate the Selling Price (SP) The selling price (SP) can be calculated by adding the profit to the cost price: \[ \text{SP} = \text{CP} + \text{Profit} = 300 + 90 = 390 \text{ rupees} \] ### Step 4: Relate SP to Marked Price (MP) The selling price is also related to the marked price through the discount. Since the shopkeeper gives a 25% discount, the selling price is 75% of the marked price: \[ \text{SP} = 75\% \text{ of MP} = \frac{75}{100} \times \text{MP} \] We can set up the equation: \[ 390 = \frac{75}{100} \times \text{MP} \] ### Step 5: Solve for Marked Price (MP) To find the marked price, rearranging the equation gives: \[ \text{MP} = \frac{390 \times 100}{75} = 520 \text{ rupees} \] ### Step 6: Calculate the Discount Amount The discount amount is 25% of the marked price: \[ \text{Discount} = \frac{25}{100} \times \text{MP} = \frac{25}{100} \times 520 = 130 \text{ rupees} \] ### Conclusion The amount of the discount is ₹130. ---
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