Question

9. The marked price of a cooler is 15000. After allowing a discount of 10% the shop
carns a profit of 20%. Find the cost price of the article,​

Answer 1

Answer:

11250

Step-by-step explanation:

Marked price = 15000

Discount @ 10% = 15000 x 10/100 = 1500

Selling price = 15000 - 1500 = 13500

The selling price is 20% higher than cost price

Therefore, Cost price = 13500 x 100/120 = 11250

I hope that helps you.