Question

A profit of 8% is made by selling a shirt after offering a discount of 12% .If the marked price of the shirt is rupees 1,080, find its cost price

Answer 1

MP= RS. 1080

D% = 12

Discount= Rs. ( 12% of 1080)

=> Discount= Rs. 129.6

Now, SP = MP- Discount

=> SP = $ (1080-129.6)

SP= $ 950.4

Profit= 8%

Now, Cp = $ (SP×100/100+P%)

=> CP = $ ( 950.4×100/100-8)

=> CP = $ ( 95040/92)

=> CP = $ 1033.04 (ans)