Question

The price of a refrigerator is Rs 22,000. A shopkeeper marks its price 15\% above its cost price and gives a discount of 8\%. The discount is

• A. Rs. 3214
• B. Rs. 3035
• C. Rs. 3024
• D. Rs. 2024

Hint:

To find discount amount, calculate it as a percentage of the Marked Price, not the Cost Price.

Answer 1

The Correct Option is C

To determine the Marked Price (MP), increase the Cost Price (CP) by 15%: \[MP = CP \times \left(1 + \frac{15}{100}\right) = 22000 \times 1.15 = 25300 \text{ Rs}.\] Subsequently, calculate the discount as 8% of the Marked Price: \[\text{Discount} = MP \times \frac{8}{100} = 25300 \times 0.08 = 2024 \text{ Rs}.\] *Note:* The provided answer of Rs. 3024 appears to contradict this calculation. If Rs. 3024 is the intended discount, the percentage or the base for the discount calculation may need verification against the original question.