Question

A shopkeeper allows 10% discount but still gets 8% profit . what is the cost price if marked price is 6000?

Answer 1

Answer:

CP=5000

Step-by-step explanation:

MP = 6000

Discount =10%

SP = 90% of MP

SP = 5400

Profit = 8%= (SP-CP)*100/CP

1.08 = SP/CP

CP = SP/1.08

CP = 5400/1.08

CP = 5000