a seller has given a discount of 10% on an item and gains profit of 150 Rs. of 20% then find the marked price of the item
Answers
AnswEr :
Rs.200.
A seller has given a discount of 10% on an item and gains profit of Rs.150 of 20%.
The Marked price of the item.
Formula use :
A/q
∴ The marked price (M.P.) of item is Rs.200.
||✪✪ QUESTION ✪✪||
A seller has given a discount of 10% on an item and gains profit of 150 Rs. of 20% then find the marked price of the item ?
|| ✰✰ ANSWER ✰✰ ||
Lets Try To solve it with basic Method First ...
☛ Solution ❶
Lets Assume That , Marked price of Article was Rs.x .
Given That , Discount = 10%
So,
→ SP = MP * (100 - D%)/100
→ SP = x * (100 - 10)/100
→ SP = (x * 90)/100
→ SP = 0.9x . ------- Equation (1).
Now, we Have Given That,
→ Profit = 20 %
we know That :- CP = SP*100/(100+P%)
So,
→ CP = SP * 100 /(100+20)
Putting value Form Equation (1) we get,
→ CP = (0.9x) * 100 /(120)
→ CP = 0.75x . --------- Equation (2).
________
Now, we have Given That, Our CP is Rs.150.
So, comparing it with Equation (2) now, we get,
→ 150 = 0.75x
Dividing both sides by (0.75) we get,
→ x = Rs.200
Hence, Marked Price of The article is Rs.200.
_____________________________
Now, Lets Try with Direct Formula :-
☛ Solution ❷
Relation b/w, MP and CP is Given by :-
☛ (MP/CP) = (100+P%) / (100 - D%)
Given That :-
➪ CP = Rs.150
➪ P% = 20%
➪ D% = 10%
➪ MP = Let X.
Putting values now we get :-
☞ (X/150) = (100 + 20) / (100 - 10)
☞ (X/150) = 120 / 90
☞ (X/150) = 4/3
Cross - Multiplying ,
☞ 3x = 4*150
Dividing both Sides by 3,