Question

16. A dealer makes a profit of 20% even after giving a 10% discount on the advertised price of a scooter, w
was the advertised price if he makes a profit of 7500 on the sale of the scooter​

Answer 1

Answer:

Let CP = x and Mark Price = y

He gives 10% discount (its on mark price) so SP = 0.9y

get a profit of 7500 so

20 = ( 7500 / x ) / 100 => x = 37500

So CP = 37500

We want mark price y

so 7500 = SP - CP

7500 = 0.9y - 37500

y = 50000

hope it will helps...