At a jewellery store, the manager increases
the price of a diamond ring marked at
35,000 by 10%. He then sells it to a customer
at a discount of 10%. Find
Share
At a jewellery store, the manager increases
the price of a diamond ring marked at
35,000 by 10%. He then sells it to a customer
at a discount of 10%. Find
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Answer:
New MP = 38500; SP =34650; Total discount percent = 1%
Step-by-step explanation:
Marked price = 35000
Mark up by 10 % = 35000+3500 = 38500
Discount 10 % = 38500 - 3850 = 34650
Discount % from original MP = (MP - SP)*100/ MP
= 350*100/35000 = 1%
(or)
overall discount = -x^2/100 = -100/100 = - 1%