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By selling a mobile at 52% discount, a seller incurs a loss of 8%. The marked price of the product is 18000 Rs. At what percent discount the seller should sell the mobile so as to have a profit of 33%.

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By selling a mobile at 52% discount, a seller incurs a loss of 8%. The marked price of the product is 18000 Rs. At what percent discount the seller should sell the mobile so as to have a profit of 33%.
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Since, Marked Price = 18000

Therefore, Selling Price = 18000*0.48 = 8640

Loss of 8% is there

Therefore, Cost price = 8640/0.92 = 9391.30Rs

To have profit of 33%

The Selling Price should be = 9391.30*1.33 = 12490.42

Hence, Discount should be 18000 – 12490.42 = 5509.58Rs

Discount% should be [5509.58/18000]*100 = 30.60 ≈ 31%.
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