Question

A shopkeeper allows 20% discount on his goods and still earns a profit of 20%. If an
article is sold for 360, find :
(i) the marked price (ii) the cost price.
​

Answer 1

Answer:

marked price -

S.P.=rs 360 (100-20)=80%

discount = 20%

profit=20%

cost price

selling price =100+20=120%

120%=rupees 360

1%=360÷120=rupees3

100%=3×100=rupees300

c.p=300