Question

    The marked price of a smartphone is Rs. 8,400, and the

    profit earned from its sale is Rs. 1,200. If the ratio of the cost price to the selling price of the smartphone is 23:28, determine the discount provided (in Rs.).
    A Rs.1,560 Correct Answer Incorrect Answer
    B Rs.2,200 Correct Answer Incorrect Answer
    C Rs.1,200 Correct Answer Incorrect Answer
    D Rs.1,680 Correct Answer Incorrect Answer

    Solution

    ATQ, Let the cost price and selling price of Smartphone be Rs. '23p' and Rs. '28p', respectively. So, 28p - 23p = 1,200 Or, 5p = 1,200 Or, 'p' = 240 Selling price of Smartphone = 28 × 240 = Rs. 6,720 Therefore, discount offered = 8,400 - 6,720 = Rs. 1,680

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