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7.Profit and Loss
hard
While selling a watch, a shopkeeper gives a discount of $15 \% .$ If he gives a discount of $20 \%,$ he earns $Rs.\, 51$ less as profit. What is the original price of the watch? (in $Rs$)
A
$920$
B
$985$
C
$1125$
D
$1020$
Solution
Let the original price of watch be Rs. $x$.
Now in earlier situation,
He gave discount of $15 \%$
So, selling price of watch $=\operatorname{Rs} . \times\left(\frac{100- D \%}{100}\right)= Rs . \times\left(\frac{85}{100}\right)$
Now if he would have gave $20 \%$ discount,
Selling price of watch $=\operatorname{Rs} . \times\left(\frac{80}{100}\right)$
According to question
$\Rightarrow x\left(\frac{85}{100}\right)-x\left(\frac{80}{100}\right)=51$
$\Rightarrow x=\frac{51 \times 100}{85-80}=$ $Rs. 1020$
Standard 13
Quantitative Aptitude