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A discount of 16% on the marked price of...

A discount of 16% on the marked price of a book enables a man to buy a pen that costs Rs. 80. How much did he pay for the book ?

A

Rs. 500

B

Rs. 480

C

Rs. 420

D

Rs. 340

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we can follow these instructions: ### Step 1: Understand the relationship between the discount and the cost of the pen. The problem states that a discount of 16% on the marked price of a book allows a man to buy a pen that costs Rs. 80. This means that the amount saved from the discount on the book is equal to the price of the pen. ### Step 2: Define the marked price of the book. Let the marked price of the book be denoted as \( X \). ### Step 3: Calculate the discount amount. The discount on the book is 16% of the marked price \( X \). This can be expressed mathematically as: \[ \text{Discount} = 0.16 \times X \] ### Step 4: Set up the equation. According to the problem, the discount amount is equal to the cost of the pen, which is Rs. 80. Therefore, we can set up the equation: \[ 0.16 \times X = 80 \] ### Step 5: Solve for \( X \). To find \( X \), we can rearrange the equation: \[ X = \frac{80}{0.16} \] Calculating this gives: \[ X = 500 \] ### Step 6: Calculate the selling price of the book. The selling price (the price he actually pays for the book) can be calculated by subtracting the discount from the marked price: \[ \text{Selling Price} = X - \text{Discount} \] The discount can be calculated as: \[ \text{Discount} = 0.16 \times 500 = 80 \] So, the selling price is: \[ \text{Selling Price} = 500 - 80 = 420 \] ### Conclusion The man paid Rs. 420 for the book. ---
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