A carpenter bought a table for 5,600 and marked its price 20% above the cost price. He then gave 10% discount. Find:
(a) The marked price of the table
(b) The discount given
(c) The selling price of the table
(d) Profit or Loss per cent for the carpenter
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Answer:
marked price=6820 rupees
profit = 1120 rupees
discount= 682 rupees
selling price= 61388
profit %= 9.4 or 10% (approx)
Step-by-step explanation:
C.P-5600 (GIVEN)
PROFIT= 20% OF C.P
20/100'5600
PROFIT= 1120 RUPEES
MARKED PRICE = PROFIT+ C.P
= 5600+1120
MARKED PRICE (M.P)= 6820 RUPEES
DISCOUNT %=10 % (GIVEN)
DISCOUNT= (10/100'M.P)
= (10/100"6820)
682 RUPEES
SELLING PRICE = M.P - DIScOUNT
6820-682
6130 RUPEES
SINCE S.P>C.P
THEREFORE, PROFIT IS EARNED
PROFIT= S.P-C.P
=6130-5600
=530 RUPEES
PROFIT %= PROFIT/C.P"100
=530/5600100
-9.4 % (APPROX)
Step-by-step explanation:
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