14. The cost price of an article is 25% below the
marked price. If the article is available at 15%
discount and its cost price is 2,400; find :
0 its marked price (ii) its selling price
(ii) the profit percent.
Answers
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16
Answer:
Let marked price be x Rs.
Cost is 25% less than mp.And CP = 2400
x-x*25/100 = 2400.
x-x/4 =2400.
(4x-x)/4= 2400.
3x= 2400*4.
x= (2400*4)/3 = 800*4 = 3200 Rs.
2). Discount=15%.
MP.=3200Rs.
So SP= 3200-3200*15/100.
= 3200-480.
= 2720Rs.
3). Profit= Sp-Cp.
= 2720-2400.
= 320Rs.
Profit%= (profit/CP)×100.
= (320/2400)×100.
=13.33%
Hope it helps.
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