Question

a businessma gives 10% discount on the marked price of a watch . If the cost price of the watch is Rs. 300, then find out the marked price to get a profit of 20% ?

Answer 1

Answer:

$\Large{\textbf{\textsf{\color{navy}{An}{\purple{sw}{\pink{er}{\color{blue} ₹400}}}}}}$

Given,

Discount ➠ 10%

Cost price➠ ₹300

Profit ➠ 20%

$So, \: discount \: formula\: ⧪$

$\{M.P = \frac{100+profit }{100-Discount \: \%} × C. P$

$M.P= \frac{100 - 10}{100 + 20} ×300 \\ \\ M.P= \frac{90}{120} ×300 \\ \\ \\ M.P=400$

${\Large{\boxed{\sf{\green{So, \: to \: get \: the \: profit \: of 20(percent) \: he \: should \: sell \: it \:to \: \: ₹400 }}}}}$