Rahul went to purchase a Nokia mobile handset, the shopkeeper told him to pay 20% tax if he asked the bill. Rahul manages to get the discount of 5% on the actual saleprice of the mobile and he paid the shopkeeper Rs. 3325 without tax. Besides he manages to avoid to pay 20% tax on the already discounted price, what is the amount of discount that he has gotten?
SP of first article = 1000 Profit = 20% CP = = 5000/6 = 2500/3 SP of second article = 1000 Loss = 20% CP = = 5000/4 = 1250 Total SP = 2000 Total CP = + 1250 = 6250/3 CP is more than SP, he makes a loss. Loss = CP-SP = (6250/3)- 2000 = 250/3 Loss Percent = =0.04 * 100 = 4%