120.
Anita allows 4% discount on the marked price of her goods and still earns a profit of 20%. What is the
cost price of a shirt for her marked at 850?
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Answered by
4
Answer:
ANSWER
We have,
M.P. = Rs 850, Discount % = 4 and Gain % = 20
∴S.P.=(
100
100+Discount%
×M.P)
⇒S.P.=Rs(
100
100−4
×850)=Rs816
Now, S.P. = Rs 816 and Gain % =20
∴C.P.=(
100+Gain%
100×S.P.
)=Rs(
100+20
100×816
)=Rs680
Step-by-step explanation:
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2
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