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Question

A shopkeeper offers 15% discount on TV set with MP 21500,12% on a toaster of MP 3500&20% on AC. If the customer bought 2TVsets,2toaster&5ACs. and the bill for the purchase is 2,17,900, calculate the MP of AC. How much is the total saving on this offer?


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Solution

Given that

For TV:

15%discount,MP=21500

For Toaster:

12%discount,MP=3500

for AC:

20%discount,MP=?

Purchased : 2TVsets,2toaster&5ACs.

Total Bill= 2,17,900

Discounts:

On TV

15%of21500=15100×21500=3225

On Toaster

12%of3500=12100×3500=420

On AC

Let MP for AC be x

20%onx=0.2x

total cost

2TV=2(21500-3225)=36,5502Toaster=2(3500-420)=6,1605AC=5(x-0.2x)=5(0.8x)=4x

Totalbill=36550+6160+4x2,17,900=42710+4x4x=2,17,900-42710x=1,75,1904x=43797.50

Hence MP of AC is 43,797.50

saving on one AC=0.2×43,797.50

==8759.5

Totalsaving=(2×3225)+(2×420)+(5×8759.5)=51,087.50

Hence total saving on this order is 51,087.50


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