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When an article is sold at 20% discount,...

When an article is sold at 20`%` discount, the selling price is ₹ 24. What will be the selling price when the discount is `30%`?

A

₹ 25

B

₹ 30

C

₹ 21

D

₹ 20

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow these instructions: ### Step 1: Understand the given information When an article is sold at a 20% discount, the selling price (SP) is ₹24. ### Step 2: Find the Cost Price (CP) Let the Cost Price (CP) be represented as \( CP \). Since the selling price after a 20% discount is given by the formula: \[ SP = CP - (Discount \% \times CP) \] We can express this as: \[ SP = CP - (0.20 \times CP) \] This simplifies to: \[ SP = 0.80 \times CP \] Given that \( SP = 24 \): \[ 0.80 \times CP = 24 \] ### Step 3: Solve for CP To find \( CP \), we rearrange the equation: \[ CP = \frac{24}{0.80} \] Calculating this gives: \[ CP = 30 \] ### Step 4: Calculate the Selling Price for a 30% Discount Now, we need to find the selling price when the discount is 30%. Using the same formula for selling price: \[ SP = CP - (Discount \% \times CP) \] For a 30% discount: \[ SP = CP - (0.30 \times CP) \] This simplifies to: \[ SP = 0.70 \times CP \] ### Step 5: Substitute CP to find the new SP Now substituting \( CP = 30 \): \[ SP = 0.70 \times 30 \] Calculating this gives: \[ SP = 21 \] ### Conclusion The selling price when the discount is 30% is ₹21. ---
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