While selling a watch, a shopkeeper gives a discount of 5 % . If he gives a discount of 6 %, he earns ₹ 15 less as profit. What is the marked price of the watch?
Correct Answer: ₹ 1500
Explanation:
Given, r1 = 5 %, r2 = 6 %and earning = ₹ 15
Let marked price of the watch be ₹ N .
Then, (6 - 5) % of N = 15
⇒ N = 15 x 100
∴ N = ₹ 1500
