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ICSE Class 10 Answered

A retailer buys an article from a wholeseller at a discount.The retailer sells it at rs1210 inclusive of sales tax at the rate of 10% on the listed price.If he makes a profit of 14% by selling it.Find rate of discount the retailer received from the wholeseller
Asked by Pinky | 23 Mar, 2017, 05:38: PM
answered-by-expert Expert Answer

begin mathsize 16px style Consider comma space list space price space be space straight x. Sales space tax equals 10 percent sign of space straight x 1210 equals straight x plus fraction numerator 10 straight x over denominator 100 end fraction 1210 equals fraction numerator 110 straight x over denominator 100 end fraction straight x equals 1100 1210 equals 10 percent sign of space straight x plus 14 percent sign space of space open parentheses list space price minus discount close parentheses plus list space price minus discount 1210 equals 10 percent sign of space straight x plus 14 percent sign space of space open parentheses list space price minus discount close parentheses plus listed space price minus straight d over 100 cross times list space price After space simplifying space this space you space will space get comma space 1210 equals 124 over 100 cross times list space price minus 114 cross times straight d over 100 cross times list space price Put space list space price space as space 1100 space you space will space get space the space discount space straight d equals 12.28 percent sign. space end style

Answered by | 24 Mar, 2017, 02:37: PM

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