Question

a dealer offer 8% discount on all his goods and still make a profit of 15% . if an item is marked ₹500 find its cost price​

Answer 1

Answer:

Marked Price (MP) =Rs. 500

Discount amount = 8% of 500 = 8/100 *500   = Rs 40

So, SP =MP - Discount = 500 - 40  = Rs. 460

Profit (P) = 15%

Hence, 'CP = 100 *SP /(100+P%)

  = 100* 460 /115

=Rs. 400

Hence CP = Rs. 400

Answer 2

Answer:

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