A merchant marked a jacket at ₹ 2750 he then offered a discount of 20 % to his customers but still managed to make a profit of 10 % what was the cost price of the jacket
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Answered by
23
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Answer:
2,000
Step-by-step explanation:
Let the Cp of the jacket be x
profit =10%
s.p= [100 +profit% / 100] × Cp
sp =100+ 10/100× x
sp=110 /100 x
Marked price = 2750rs.
Discount offer=20%
Discount = 20% of 2750 = 20/100 × 2750
=550rs.
•°•Sp = Marked price - Discount = 2750 - 550 rs.
Sp=2,200
From 1 and 2 we get.
110/ 100x = 2,200
x = 2,200 ×100 /110
•°• COST PRICE = 2,000
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Answered by
3
cost price is 2000
Step-by-step explanation:
MRP = 2750 ₹
Selling price of jacket = Market price of jacket - Discount of 20% on market price,
=
= 2750- 550
= 2200 ₹
10% profit on cost price,
110 % = 2200
100 % =
100% = 2000
cost price is 2000₹
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