Home
Class 14
MATHS
A bookseller buys books at a discount of...

A bookseller buys books at a discount of 25% on the marked price. How much per cent discount should be offer so as to gain 20% on the sale?

A

`25% `

B

`20% `

C

`30% `

D

`10% `

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 bookseller buys books at a **25% discount** on the marked price. - The bookseller wants to gain a **20% profit** on the sale. ### Step 2: Define the Marked Price (MP) Let's assume the **Marked Price (MP)** of the book is **100** (this is a convenient assumption to simplify calculations). ### Step 3: Calculate the Cost Price (CP) Since the bookseller gets a **25% discount** on the marked price: - Discount = 25% of 100 = 25 - Therefore, the Cost Price (CP) = Marked Price - Discount = 100 - 25 = **75**. ### Step 4: Calculate the Selling Price (SP) for a 20% Profit To gain a **20% profit** on the Cost Price: - Profit = 20% of CP = 20% of 75 = 15. - Therefore, the Selling Price (SP) = Cost Price + Profit = 75 + 15 = **90**. ### Step 5: Calculate the Required Selling Price in Terms of Discount Now, we need to find out what percentage discount should be offered on the marked price to sell the book for **90**. - Selling Price (SP) = Marked Price (MP) - Discount - Let the discount be **D**. Then: \[ 90 = 100 - D \] - Rearranging gives: \[ D = 100 - 90 = 10 \] ### Step 6: Calculate the Percentage Discount The percentage discount is calculated as: \[ \text{Percentage Discount} = \left(\frac{D}{MP}\right) \times 100 = \left(\frac{10}{100}\right) \times 100 = 10\% \] ### Final Answer The bookseller should offer a **10% discount** to gain a 20% profit on the sale. ---
Promotional Banner

Similar Questions

Explore conceptually related problems

If a % is the discount per cent on a marked price x, then discount is

A trader allows a discount of 15% of the marked price if his article.How much above the cost price should he mark to gain 19%?

A trader bought some goods at a discount of of 20% of the list price. He wants to mark them at such a price that he can give a discount of 20% on the marked price and still make a profit of 25%. Find the per cent of the list price at which he should mark the goods.

A dealer of scientific instruments allows 20% discount on the marked price of the instrument and still makes a profit of 25%. If his gain over the sale of an instrument is Rs 150 find the marked price of the instrument.