Selling Price of the Machine

Oct 13, 2025 by magicalceylontours.com 78 views

Introduction

In this article, we will discuss the concept of discount and selling price of a washing machine. We will use the example of Riya, who bought a washing machine marked at Rupees 48,000 with a discount of 10 percent. We will find the discount in rupees given to her in the machine, the selling price of the machine, and the profit made by the shopkeeper while selling the machine.

Discount in Rupees

To find the discount in rupees, we need to calculate 10 percent of the marked price of the washing machine.

Marked Price of the Washing Machine: Rupees 48,000

Discount Percentage: 10%

Discount in Rupees: 10% of 48,000 = (10/100) × 48,000 = 4,800

So, the discount in rupees given to Riya in the machine is Rupees 4,800.

Selling Price of the Machine

To find the selling price of the machine, we need to subtract the discount from the marked price.

Marked Price of the Washing Machine: Rupees 48,000

Discount in Rupees: Rupees 4,800

Selling Price of the Machine: Marked Price - Discount = 48,000 - 4,800 = Rupees 43,200

So, the selling price of the machine is Rupees 43,200.

Profit Made by the Shopkeeper

To find the profit made by the shopkeeper, we need to calculate 20 percent of the selling price of the machine.

Selling Price of the Machine: Rupees 43,200

Profit Percentage: 20%

Profit in Rupees: 20% of 43,200 = (20/100) × 43,200 = 8,640

So, the profit made by the shopkeeper while selling the machine is Rupees 8,640.

Conclusion

In this article, we discussed the concept of discount and selling price of a washing machine. We used the example of Riya, who bought a washing machine marked at Rupees 48,000 with a discount of 10 percent. We found the discount in rupees given to her in the machine, the selling price of the machine, and the profit made by the shopkeeper while selling the machine. We calculated the discount in rupees as Rupees 4,800, the selling price of the machine as Rupees 43,200, and the profit made by the shopkeeper as Rupees 8,640.

Mathematical Formulas Used

Discount in Rupees = (Discount Percentage/100) × Marked Price
Selling Price of the Machine = Marked Price - Discount
Profit in Rupees = (Profit Percentage/100) × Selling Price of the Machine

Real-Life Applications

The concept of discount and selling price is widely used in real-life scenarios. For example, when a customer buys a product from a store, the store may offer a discount on the marked price of the product. The customer will then pay the selling price of the product, which is the marked price minus the discount. The store will make a profit on the sale of the product, which is the difference between the selling price and the cost price of the product.

Tips and Tricks

Always check the marked price of a product before buying it.
Look for discounts and offers on the product.
Calculate the selling price of the product by subtracting the discount from the marked price.
Check the profit made by the seller on the sale of the product.

Frequently Asked Questions

What is the difference between marked price and selling price?
How is the discount in rupees calculated?
What is the profit made by the shopkeeper while selling the machine?
How is the selling price of the machine calculated?

Answer to Frequently Asked Questions

The marked price of a product is the price at which the product is listed for sale, while the selling price is the price at which the product is actually sold.
The discount in rupees is calculated by multiplying the discount percentage by the marked price of the product.
The profit made by the shopkeeper while selling the machine is calculated by multiplying the profit percentage by the selling price of the machine.
The selling price of the machine is calculated by subtracting the discount from the marked price of the machine.

Introduction

In this article, we will answer some frequently asked questions on discount and selling price. These questions are based on the concept of discount and selling price, which we discussed in our previous article.

Q1: What is the difference between marked price and selling price?

A1: The marked price of a product is the price at which the product is listed for sale, while the selling price is the price at which the product is actually sold. The selling price is usually lower than the marked price due to discounts and offers.

Q2: How is the discount in rupees calculated?

A2: The discount in rupees is calculated by multiplying the discount percentage by the marked price of the product. For example, if the marked price of a product is Rupees 48,000 and the discount percentage is 10%, the discount in rupees will be (10/100) × 48,000 = Rupees 4,800.

Q3: What is the profit made by the shopkeeper while selling the machine?

A3: The profit made by the shopkeeper while selling the machine is calculated by multiplying the profit percentage by the selling price of the machine. For example, if the selling price of the machine is Rupees 43,200 and the profit percentage is 20%, the profit made by the shopkeeper will be (20/100) × 43,200 = Rupees 8,640.

Q4: How is the selling price of the machine calculated?

A4: The selling price of the machine is calculated by subtracting the discount from the marked price of the machine. For example, if the marked price of the machine is Rupees 48,000 and the discount is Rupees 4,800, the selling price of the machine will be 48,000 - 4,800 = Rupees 43,200.

Q5: What is the formula for calculating the selling price of a product?

A5: The formula for calculating the selling price of a product is: Selling Price = Marked Price - Discount.

Q6: How can I calculate the profit made by the seller on the sale of a product?

A6: To calculate the profit made by the seller on the sale of a product, you need to multiply the profit percentage by the selling price of the product. For example, if the selling price of a product is Rupees 43,200 and the profit percentage is 20%, the profit made by the seller will be (20/100) × 43,200 = Rupees 8,640.

Q7: What is the difference between cost price and selling price?

A7: The cost price of a product is the price at which the product is purchased by the seller, while the selling price is the price at which the product is sold to the customer. The selling price is usually higher than the cost price due to profit margins.

Q8: How can I calculate the discount percentage?

A8: To calculate the discount percentage, you need to divide the discount amount by the marked price of the product and multiply by 100. For example, if the discount amount is Rupees 4,800 and the marked price of the product is Rupees 48,000, the discount percentage will be (4,800/48,000) × 100 = 10%.

Q9: What is the formula for calculating the profit made by the seller on the sale of a product?

A9: The formula for calculating the profit made by the seller on the sale of a product is: Profit = Selling Price - Cost Price.

Q10: How can I calculate the selling price of a product with a discount?

A10: To calculate the selling price of a product with a discount, you need to subtract the discount from the marked price of the product. For example, if the marked price of a product is Rupees 48,000 and the discount is Rupees 4,800, the selling price of the product will be 48,000 - 4,800 = Rupees 43,200.

Conclusion

In this article, we answered some frequently asked questions on discount and selling price. These questions are based on the concept of discount and selling price, which we discussed in our previous article. We hope that this article has provided you with a better understanding of the concept of discount and selling price and how to calculate them.