1.

A man boys a cycle at a discount of 50% and sells it for Rs. 2550. In this process, he makes a prrofit of 25%. Find the discount received by him.

Answer»

Rs. 360



Let the ORIGINAL PRICE be x
∴ 15% discount on x = 15x/100
So, cost paid by the person = x - 15x/100 = 17x/20
Since he gets a profit of 25% by selling it at Rs. 2550.
25/100 x17x/20
= 2550 - 17x/20
or, 17x/80 = 51000-17x/20
or 17x = 204000-68x
∴ x = 204000/85 = 2400
∴ Discount = 15/100 x 2400 = 360



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