After giving discount of ₹ x, a shopkeeper gained 17%. If the discount is not offered, then he makes 33% profit. If cost price is ₹ 725, then find the value of x.
Answer & explanation
Correct answer: option 3
C.P. S.P. (@+17%) M.R.P.(@+33%)
100 117 133
↓ 16 (Difference)__ ↓ = x
100 Units ⇒ 725
1 Unit ⇒ \(\frac{725}{100}\) ⇒ \(\frac{29}{4}\)
16 Units ⇒16 × \(\frac{29}{4}\) ⇒ 116 = x