CBSE Class 8 Answered
A music store has reduced the price of all stock by 25%. A customer who purchased a CD from this store paid Rs 240. What is the usual price of this CD, and what is the cash discount?
Asked by Topperlearning User | 27 May, 2014, 08:45: AM
Expert Answer
selling price =Rs 240,
discount = 25% of the marked price
but: (marked price) = (selling price) + discount
So the selling price must be: (100-25 = 75)% of the marked price, i.e.:
selling price = 
× (marked price)
So:
marked price = 
× (selling price)
= 
×240
= 320
The CD usually costs Rs320, and the cash discount is: (320-240) = Rs80
Answered by | 27 May, 2014, 10:45: AM
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