Question

A trader buy some $TV$ at $20\%$ rebate on pointed price of $Rs.18,000$. For a long time he could not sell any $TV$. So he sells each $TV$ by giving a rebate of $Rs.2700$ on pointed price, what amount of profit or loss does he make? How much percentage of rebate does a customer earn?

Answer 1

Let the $TV$ buy by trader on rebate of $20\%$ of pointed price of $Rs18,000$

Therefore, $20\%$ of $18,000=\frac{18,000}{100}\times 20=Rs3,600$

And he sold at the rebate of $Rs2700$ of pointed price $Rs18,000$

So, Total price earned by trader $=3,600-2,700=900$

So, trader earned $900$.

Customer, earn a rebate of $Rs2700$

Which is $15\%$ of rebate.

So, $15\%$ of rebate customer has earn.