मराठी
महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

A merchant buys some mixers at 15% discount on catalogue price. The catalogue price is ₹ 5,500 per piece of a mixer. - Mathematics and Statistics

Advertisements
Advertisements

प्रश्न

A merchant buys some mixers at 15% discount on catalogue price. The catalogue price is ₹ 5,500 per piece of a mixer. The freight charges amount to `2 1/2` % on the catalogue price. The merchant sells each mixer at 5% discount on catalogue price. His net profit is ₹ 41,250. Find a number of mixers.

बेरीज

उत्तर

Catalogue price (list price) is ₹ 5,500 per price of mixer.

Merchant buys the mixer at a discount of 15%.

∴ Purchase price = List price – Discount

`= 5,500 - 5,500 xx 15/100`

= 5,500 - 825

= ₹ 4,675

Freight charges are at `2 1/2`% which is 2.5% of catalogue price

∴ Freight = `5,500 xx 2.5/100` = ₹ 137.5

Total cost = Purchase price + Freight

= 4,675 + 137.5 = ₹ 4,812.5

Merchant sells each mixer at 5% discount on catalogue price.

Net selling price = Catalogue price – Discount

`= 5,500 - 5,500 xx 5/100`

= 5,500 – 275 = ₹ 5,225

Profit per mixer = Net selling price – Cost

= 5,225 – 4,812.5

= 412.50

Total profit earned is ₹ 41,250

Number of mixers sold = `"Total profit"/"Profit per mixer"`

`= 41250/412.5`

= 100

100 mixers were sold by merchant to earn
₹ 41,250 as net profit.

shaalaa.com
Discount
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 1: Commission, Brokerage and Discount - Miscellaneous Exercise 1 [पृष्ठ १३]

APPEARS IN

बालभारती Mathematics and Statistics 2 (Commerce) [English] 12 Standard HSC Maharashtra State Board
पाठ 1 Commission, Brokerage and Discount
Miscellaneous Exercise 1 | Q 4.08 | पृष्ठ १३

संबंधित प्रश्‍न

A whole seller allows 25% trade discount and 5% cash discount. What will be the net price of an article marked at ₹ 1,600?


True discount on a bill is ₹ 2,200 and bankers discount is ₹ 2,310. If the bill is due 10 months, hence, find the rate of interest.


A bill of ₹ 8,000 drawn on 5th January 1998 for 8 months was discounted for ₹ 7,680 on a certain date. Find the date on which it was discounted at 10% p.a.


The difference between face value and present worth is called ______.


Fill in the Blank.

The banker’s discount is also called _______.


Cash discount is allowed on list price.


State whether the following statement is True or False.

The banker’s discount is always lower than the true discount.


State whether the following statement is True or False.

The bankers discount is also called as commercial discount.


An article is marked at ₹ 800, a trader allows a discount of 2.5% and gains 20% on the cost. Find the cost price of the article.


A bill of ₹ 4,800 was drawn on 9th March 2006 at 6 months and was discounted on 19th April 2006 for `6 1/4`% p.a. How much does the banker charge and how much does the holder receive?


A bill of ₹ 65,700 drawn on July 10 for 6 months was discounted for ₹ 65,160 at 5% p.a. On what day was the bill discounted?


Choose the correct alternative:

If A bill of ₹ 6,395 drawn on 15th February 2015 for 10 months was discounted on 28th May 2015 at 8% p.a. interest, then legal due date is ______


Choose the correct alternative:

The date on which the period of the bill expires is called  ______


Choose the correct alternative:

The marked price is also called as ______


State whether the following statement is True or False: 

The sum due is also called as Cash value


Find the true discount Banker’s discount and Banker’s gain on a bill of ₹ 4,240 due 6 months hence at 9% p.a.


A bill of ₹ 8,000 drawn on 5th January 2019 for 8 months was discounted for ₹ 7,680 on a certain date. Find the date on which it was discounted at 10% p.a.

Solution: Banker’s Discount

B.D.= F.V. − C.V. = 8,000 −7,680 = ₹ 320

Date of drawing = 5th January 2019

Period = 8 months

Nominal due date = `square`

Legal due date = `square`

B.D. = Interest on F.V. for n at 10% p.a.

∴ B.D. = `("F.V." xx "n"/365 xx "r")/100`

∴ 320 = `(8000 xx "n"/365 xx 10)/100`

∴ n = `square` days

April May June July Aug Sep Total
15 31 30 31 31 `square` `square`

∴ Date of discounting is `square`


A wholesaler allows a 25% trade discount and a 5% cash discount. The net price of an article marked at ₹ 1,600 is ______.


The difference between true discount and banker's discount on a bill due 6 months hence at 4% is ₹ 160. Calculate true discount, banker's discount and amount of bill.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×