Q8 of 13 Page 55

A shopkeeper decides to sell a certain item at a certain price. He tags the price on the item by increasing the decided price by 25%. While selling the item, he offers 20% discount. Find how many more or less percent he gets on the decided price.

Let us assume the decided price is Rs 100.


Given the marked price is 25% more than decided price.




Also given that discount is 20% on the marked price.



We know Selling Price = Marked Price – Discount


Selling Price = 125 – 25 = Rs 100


So, when the decided price is Rs 100, the selling price is Rs 100.


Therefore, the shopkeeper sold the item for 0% more than the decided price (neither any profit nor any loss).


More from this chapter

All 13 →
6

A shopkeeper gives 11% discount on a television set, hence the cost price of it is Rs. 22,250. Then find the marked price of the television set.

 7

After offering discount of 10% on marked price, a customer gets total discount of 17 rupees. To find the cost price for the customer, fill in the following boxes with appropriate numbers and complete the activity.

Suppose, marked price of the item = 100 rupees


Therefore, for customer that item costs
[ ] - [ ] = 90 rupees


Hence, when the discount is [ ] then the selling price is [ ] rupees.


Suppose when the discount is [ ] rupees, the selling price is x rupees.



∴ the customer will get the item for 153 rupees.


1

John sold books worth rupees 4500 for a publisher. For this he received 15% commission. Complete the following activity to find the total commission John obtained.

Selling price of books = [ ]


Rate of commission = [ ]


Commission obtained = [ ]/[ ] × [ ]


∴ Commission = [ ] rupees


 2

Rafique sold flowers worth Rs 15,000 by giving 4% commission to the agent. Find the commission he paid. Find the amount received by Rafique.