On a machine there is 12% trade discount on the marked price of ₹2,56,000, but the machine is sold for ₹2,05,000 after giving an additional cash discount. How much is this cash discount (in %)? (Rounded to the nearest whole number)
- A12%
- B8%
- C9%
- D10%
Solution & Step-by-step Explanation
Marked Price (MP)=₹2,56,000
Trade discount =12%
Price after trade discount:
Price
1
=256000×(1−0.12)=256000×0.88=₹2,25,280
Final Selling Price (SP)=₹2,05,000
Amount of cash discount given:
Cash Discount Value=225280−205000=₹20,280
Cash discount percentage:
Cash Discount %=
225280
20280
×100%≈9.002%
Rounding to the nearest whole number gives 9%.
Trade discount =12%
Price after trade discount:
Price
1
=256000×(1−0.12)=256000×0.88=₹2,25,280
Final Selling Price (SP)=₹2,05,000
Amount of cash discount given:
Cash Discount Value=225280−205000=₹20,280
Cash discount percentage:
Cash Discount %=
225280
20280
×100%≈9.002%
Rounding to the nearest whole number gives 9%.