Question

2. A dealer makes the profit of 20% even after allowing the discount of 10% on the
advertised price of the artide. What was the advertised price if he makes the profit of Rs
7500 on the sale of the article?​

Answer 1

Step-by-step explanation:

Let CP = x and MarkPrice = 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