If the discount is equal to one fifth of the marked price and the loss is half the discount, then the percentage of loss is = ?
A. $$10\frac{1}{9}\% $$
B. $$11\frac{1}{9}\% $$
C. $$12\frac{1}{9}\% $$
D. $$13\frac{1}{9}\% $$
Answer: Option B
Solution(By Examveda Team)
Let the marked price = Rs. 100$$\eqalign{ & {\text{Discount}} = \frac{1}{5} \times 100 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = {\text{Rs}}{\text{. }}20 \cr & {\text{Loss = }}\frac{1}{2} \times 20 \cr & \,\,\,\,\,\,\,\,\,\,{\text{ = Rs}}{\text{. 10}} \cr & {\text{Cost price}} = 100 - 20 + 10 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,{\text{ = Rs}}{\text{. 90}} \cr & {\text{Loss}}\% = \frac{{10}}{{90}} \times 100 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\, = \frac{{100}}{9}\% {\text{ }} \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\, = 11\frac{1}{9}\% {\text{ }} \cr} $$
Related Questions on True Discount
The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:
A. 12%
B. 13%
C. 15%
D. 14%
A. Rs. 9025.20
B. Rs. 9200
C. Rs. 9600
D. Rs. 9560
A. Rs. 12,000 in cash
B. Rs. 12,880 at credit
C. Both are equally good
D. Rs. 18.33
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