Question

4.Price of an article is marked up

by Rs. 300. If 20% discount is

offered then the percentage of the

profit earned is 28%, then what

will be the selling price, when it is

sold at the discount of 10%?​

Answer 1

Answer:

Rs. 640

Step-by-step explanation:

let the cp of the article be Rs. P

therefore , M.P.= Rs. (p+300)

discount % = 20%

discount amount = 20% of m.p. = 20% of (p+300)= (p+300)/5

sp = m.p.-discount = (p+300)-(p+300)/5 = 4/5(p+300)

profit % = 28%

profit = 28% of p

therefore , cp + profit = sp

p+28/100×p=4/5(p+300)

128p=80(p+300)

128p=24000

p=500

therefore , cp = Rs. 500

sp = 4/5(p+300)=4/5×(500+300)=4/5×800= Rs. 640

hence the selling price is Rs. 640