a dealer allows his customer 20% discount on the marked price of the goods and still gets a profit of 20 % find the CP of goods fir him marked at 2100
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Answer: The Cost price for dealer is Rs. 1400.
Step-by-step explanation:
S.P = Marked price – Discount
Given, Discount = 20% of M.P
= x Rs.2100
= Rs. 420
S.P = Rs. 2100 – Rs. 420
= Rs. 1680
C.P. = [100/(100 + profit%)] x S.P.
= x Rs. 1680
= Rs. 1400
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