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The selling price of smart watch and book rack is in the ratio of 4 ∶ 5 and the cost price of the smart watch is Rs. 4,800. If the shopkeeper gets the profit of the smart watch is 10% of its marked price, then find the discount offered by the shopkeeper on a book rack.
Rs. 150
Rs. 100
Rs. 200
Rs. 250
None of the above
Rs. 250
Calculation: Discount on Book Rack MP (Smart Watch) = ₹6,000 CP (Smart Watch) = ₹4,800 Profit = 10% of MP ⇒ Profit = 10% of 6,000 = ₹600 SP (Smart Watch) = 4,800 + 600 = ₹5,400 SP ratio (Smart Watch : Book Rack) = 4 : 5 ⇒ SP of Book Rack = (5/4) ×...
Calculation:
Discount on Book Rack
MP (Smart Watch) = ₹6,000
CP (Smart Watch) = ₹4,800
Profit = 10% of MP
⇒ Profit = 10% of 6,000 = ₹600
SP (Smart Watch) = 4,800 + 600 = ₹5,400
SP ratio (Smart Watch: Book Rack) = 4: 5
⇒ SP of Book Rack = (5/4) × 5,400
⇒ SP = ₹6,750
MP of Book Rack = ₹7,000
Discount = 7,000 − 6,750
= ₹250