A retailer purchases a grinder at a discount of 15% and

A retailer purchases a grinder at a discount of 15% and sells it for ₹ 1955 at a profit of 15%. The amount of discount received by the retailer from the wholesaler was

Let the marked price of the grinder be ₹ 100
SP after a discount of 15% = ₹ 85

SP to gain 15% =	85 × 115	= ₹ 97.75
	100

If ₹ 97.75 is the SP, the marked price = ₹ 100
∴ If ₹ 1955 is the SP,

the marked price =	100	= × 1955 = ₹ 2000
	97.5

Amount of discount received by the retailer = 15% of 2000

=	2000 × 15	= ₹ 300
	100