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A shopkeeper used to allow a discount of...

A shopkeeper used to allow a discount of Rs. 20 on a product. He double the discount on the product and sold it for Rs. 80. What was the percentage of discount offered ?

A

`20%`

B

`25%`

C

`30%`

D

`33.33%`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we need to determine the original marked price of the product and then calculate the percentage of the discount offered. ### Step 1: Understand the initial discount The shopkeeper initially allows a discount of Rs. 20 on the product. ### Step 2: Calculate the new discount Since the shopkeeper doubles the discount, the new discount becomes: \[ \text{New Discount} = 2 \times 20 = Rs. 40 \] ### Step 3: Determine the selling price The selling price after applying the new discount is given as Rs. 80. ### Step 4: Calculate the marked price Let the marked price (MP) be \( x \). The selling price (SP) is calculated as: \[ \text{SP} = \text{MP} - \text{New Discount} \] Substituting the known values: \[ 80 = x - 40 \] Now, solve for \( x \): \[ x = 80 + 40 \] \[ x = 120 \] So, the marked price is Rs. 120. ### Step 5: Calculate the discount amount The discount amount offered by the shopkeeper after doubling is Rs. 40. ### Step 6: Calculate the percentage of discount The percentage of discount can be calculated using the formula: \[ \text{Percentage Discount} = \left( \frac{\text{Discount Amount}}{\text{Marked Price}} \right) \times 100 \] Substituting the values: \[ \text{Percentage Discount} = \left( \frac{40}{120} \right) \times 100 \] \[ \text{Percentage Discount} = \frac{1}{3} \times 100 \] \[ \text{Percentage Discount} = 33.33\% \] ### Final Answer The percentage of discount offered is **33.33%**. ---
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