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Question
A customized jewellery was sold at ₹1000 with a 90% discount on the ‘making charges’. If the payment made for making charges was ₹100, what was the approximate rate of discount on the product?
Options
35
45
47
90
MCQ
Solution
47
Explanation:
SP of jewellery include ₹ 100 making charges = 1000
Where the cost of jewellery = ₹ 900
After 90% discount, 10% of making charges = ₹ 100
Let making charges be = x
`(10"x")/100=100`
x = 1000
Total CP of jewellery = 1000 + 900 = ₹ 1900
Over discount`=(1900-1000)/1900xx100`
`=900/1900xx100`
= 47% approx
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Percentage, Discount and Partnership (Entrance Exam)
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