Discount and Sale Price Calculations

Jun 12, 2024

Current Issues - Important Question Discussion

Question 1: Retailer's Discount

  • The retailer announced a 30% discount on the market price of the air conditioner which is ₹92000.
  • The cost price is 70% below the market price which is ₹27600.
  • First Discount: 30% (will sell at ₹64400)
  • Second Discount: 20% (on showing membership card)
  • Profit Without Membership: 92000 - 64400 - 27600 = ₹27600
  • Profit With Membership: 92000 - 41600 - 27600 = ₹22800
  • Profit Percentage (Without Card vs With Card): 22800 / 27600 * 100 = 82.61%

Question 2: Rahul's Russian Dolls

  • Rahul has access to two coupons:
    • First Coupon: 33.33% Discount (1/3)
    • Second Coupon: 84% Discount on the most expensive doll
  • Dolls prices: ₹1840, ₹3580, ₹3625
  • First Coupon Price: (1840+3580+3625) * 2/3 = ₹6030
  • Second Coupon Price: 3625*0.16 + 1840 + 3580 = ₹6000
  • Minimum Price: ₹6000 (Second Coupon) - Option B is correct

Question 3: MRP and Manufacturer's Profit Percentage

  • Market Price: 55% above the manufacturing cost
  • Retailer: 23% profit
  • Retailer's SP = MRP - 10% = 155 - 15.5 = 139.5
  • Retailer’s Profit = 139.5 - CP
  • Manufacturer's Profit Percentage = (113.1 - 100) / 100 * 100 = 13.1%
  • Option C is correct

Practice Question

Asked to provide answers to other similar pattern-based questions.