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A shopkeeper sells a cooler at a discoun...

A shopkeeper sells a cooler at a discount of 15% If he gives a discount of 19% then he earns Rs. 332 less. What will be the marked price of the cooler?

A

Rs. 8100

B

Rs. 8300

C

Rs. 8700

D

Rs. 8200

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will denote the marked price of the cooler as \( M \). ### Step 1: Define the discounts The shopkeeper sells the cooler at a discount of 15%. Therefore, the selling price (SP) after a 15% discount can be calculated as: \[ SP_{15} = M - 0.15M = 0.85M \] When the shopkeeper gives a discount of 19%, the selling price becomes: \[ SP_{19} = M - 0.19M = 0.81M \] ### Step 2: Set up the equation based on the problem statement According to the problem, the difference in earnings when selling at a 15% discount and a 19% discount is Rs. 332. Therefore, we can write the equation: \[ SP_{15} - SP_{19} = 332 \] Substituting the expressions for \( SP_{15} \) and \( SP_{19} \): \[ 0.85M - 0.81M = 332 \] ### Step 3: Simplify the equation Now, simplify the left side of the equation: \[ 0.04M = 332 \] ### Step 4: Solve for \( M \) To find \( M \), divide both sides by 0.04: \[ M = \frac{332}{0.04} \] Calculating the right side: \[ M = 8300 \] ### Conclusion The marked price of the cooler is Rs. 8300.
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