Question

9. A dealer allows his customers 20% discount on the marked price of the goods and still gets a
profit of 20%. What is the C.P. of goods for him marked at 1,000?
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Answer 1

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Answer 2

Step-by-step explanation:

C.P. =Rs.720, gain % =20% discount % =20%

Gain on Rs.720=

100

20

×720=Rs.144

∴ S.P. of the article =C.R.+gain=720+144=Rs.864

Discount percent =20%

Let the M.R be 100 then the S.R is 100−20=80

If the S.P is Rs.80 then M.P is Rs.100

If the S.P is Rs.864 then M.P is

80

100×864

=Rs.1080

The marked price of the article is Rs.1080