Multiple choice

A trader buys some TVs at $20\%$ rebate on printed price $Rs 18,000$. For a long time he could not sell any TV. So he sells it by giving a rebate of $Rs 2700$ on printed price, what amount of profit or loss does he make? How much percentage of rebate does a customer earn?

  1. Profit $Rs 500, 20\%$ Rebate
  2. Profit $Rs 100, 25\%$ Rebate
  3. Profit $Rs 900, 15\%$ Rebate

  4. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Cost Price = 18000 * 0.8 = 14400. Selling Price = 18000 - 2700 = 15300. Profit = 15300 - 14400 = 900. Rebate percentage = 2700 / 18000 = 15%.

AI explanation

The cost price of the TV is the printed price of Rs 18000 minus a 20% rebate, which equals 18000 minus 3600, resulting in Rs 14400. The selling price is 18000 minus 2700, resulting in Rs 15300, yielding a profit of 15300 minus 14400, which equals Rs 900. The customer rebate percentage is (2700 divided by 18000) multiplied by 100, resulting in Profit Rs 900 and a 15% Rebate.

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