If Fatima sells identical toys at a discount on the printed price, then she makes profit. Ten of these toys are destroyed in a fire. While selling the rest, how much discount should be given on the printed price so that she can make the same amount of profit?
If Fatima sells identical toys at a discount on the printed price, then she makes profit. Ten of these toys are destroyed in a fire. While selling the rest, how much discount should be given on the printed price so that she can make the same amount of profit?
Solution
✅ Correct Option: 4
Let's say the printed price of each toy
When Fatima sells at discount:
- Selling price per toy
- Total revenue from toys
Since she makes profit:
- Revenue Cost price
- Cost price
Cost price
Profit
After the fire:
- Toys remaining toys
- Cost is still (she already bought all toys)
- She wants the same profit
- Total revenue needed
She needs to earn by selling toys.
Revenue per toy needed
If discount is :
- Selling price
- We need:
Therefore, she should give discount.