Question

A man spends 10% of cost price as overhead and Mark his goods 20% above the total cost price. he allows 10% discount. what is his profit on the article which is sold for Rupees 594​

Answer 1

Given :

The percentage of over head amount on cost price = 10%

The market price percentage = 20 % above c.p

The discount percentage = 10 %

The selling price of article = Rs 594

To Find :

The profit amount

Solution :

Let The cost price = c .p

20 % is mark on c. p

And discount % = 10 %

So, Profit % =  ( 20 - 10 - $\dfrac{20 \times 10}{100}$  ) %

                  = ( 10 - $\dfrac{200}{100}$  ) %

                  = ( 10 - 2 ) %

                  = 8 %

So, The profit percentage = 8 %

Again

∵     Profit % = $\dfrac{selling price - cost price}{cost price}$

Or,  8 % = $\dfrac{594- c.p}{c.p}$

Or,   $\dfrac{8}{100}$ = $\dfrac{594}{c.p}$ - 1

Or,  0.08 + 1 = $\dfrac{594}{c.p}$

Or,  $\dfrac{594}{c.p}$ = 1.08

∴  c . p = Rs $\dfrac{594}{1.08}$

Or, Cost Price = Rs 550

Now,

∵ Profit = selling price - cost price

            = Rs 594 - Rs 550

            = Rs 44

Hence, The profit on the article is Rs 44  . Answer

Answer 2

Answer:

Rs44 please mark brainliest