Question

a dealer marks his goods 35% above the c.p and then allows 15% discount onit.what is the c.p. of an article on which he gains  rs 88.50?

Answer 1

let the cp=x
mp=135x/100=1.35x
after allowing 15% discount=0.85*1.35x=1.14x
profit=0.14x=88.50
x=632.14
So the cp=632.14