10. A dealer marks his goods in such a way that after allowing a discount of 12.5%, he still makes a puf
Find the marked price of an article which costs him 245. ans 308
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Complete Question:
A shopkeeper marks his goods at such a price that after allowing a discount of 12.5% he makes a profit of 10%
To find:
Find the marked price of the article which costs 245.
Solution:
It is given that profit percent is 10 and cost price is Rs 245. discount percent is 12.5%
Finding the profit :
Profit on Cost price:
Finding Selling Price:
Selling Price = Cost price + profit
Selling Price = 245 + 24.5
Selling Price = 269.5
Finding Discount:
Discount percent on Marked price:
Let the marked price be x
Finding Marked Price:
Selling Price = Marked price - Discount
Hence, the Marked price is Rs 308
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