Question

8. The market price of a chair was 2400. This
price was 20% above the cost price. It was
sold at a discount of 10% on the marked
price. Find the profit per cent.​

Answer 1

Answer:

8% is his profit

Step-by-step explanation:

hope this helps you

Answer 2

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$\large \tt \red{✦Answer✦}$

$The \: \: market \: \: price \: \: of \: the \: \: table = Rs 1200$

$Extra \: \: percentage \: \: over \: \: cost = 20 \: percent \:$

$So, \: \\cost price$

$= Rs {(1200 × 100)/(100+20)} \\ \\ </p><p>= Rs 1000</p><p>$

$Discount \: on \: \: the \: market price = 10 \: percent \:$

$So, selling \: price$

$= [{(1200 × (100-10)}/100] \\ \\ </p><p>= Rs 1080$

$Hence, it was a profit of \\ \\ </p><p> \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: Rs (1080 - 1000) \\ \\ \\ \\ \\ </p><p>= Rs 80$

So, the percentage of profit = (80 × 100)/1000 \: percent

= 8 percent

I HOPE THAT THIS HELPS YOU.

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