IDNLearn.com: Your one-stop platform for getting reliable answers to any question. Discover reliable answers to your questions with our extensive database of expert knowledge.

The marked price of a mobile set is Rs 9,600 and 40% discount is allowed to make 20% profit. By what percent is the discount to be reduced to increase the profit by 10%?​

Sagot :

Answer:

5%

Step-by-step explanation:

price after discount :

9 600 - 9 600×40%

= 5760

Original price (price without profit) :

let x be the original price of the device.

x + x × 20% = 5760

Then

x = (5 760×100)÷120

  = 4 800

Original price increased by 30% :

4 800 + 4 800×30%

= 6 240

the discount needed to increase the profit by 10% :

[(9 600-6 240)÷9 600]×100

= 35%

Then

to increase the profit by 10% ,we have to reduce

the percent of discount to :

40% - 35%

= 5%

We appreciate your contributions to this forum. Don't forget to check back for the latest answers. Keep asking, answering, and sharing useful information. Find clear answers at IDNLearn.com. Thanks for stopping by, and come back for more reliable solutions.