Question

A shopkeeper allows 20% discount on his goods and still earns 20% profit if an article is sold for rs 360 find his mp and cp

Answer 1

Find the marked price:

Discount = 20%

Selling Price = 100 - 20 = 80%

80% = Rs 360

1% = 360 ÷ 80 = Rs 4.50

100% = 4.5 x 100 = Rs 450

Find the cost price:

Profit = 20%

Selling Price = 100 + 20 = 120%

120% = Rs 360

1% = 360 ÷ 120 = Rs 3

100% = 3 x 100 = Rs 300

Answer: The marked price is Rs 450 and the cost price is Rs 300

Answer 2

Please mark it as a brainlist