Question

A shopkeeper allows a discount of 10% on cash purchases and make a profit of 26%. Find the marked price if his cost price is rs. 200

Answer 1

Since, a shopkeeper allows a discount of 10% on cash purchases and make a profit of 26%.

We have to determine the marked price if his cost price is Rs. 200

Let us use the formula to evaluate the marked price which is given by:

Marked price = $\frac{100+Profit \%}{100-Discount \%} \times Cost Price$

= $\frac{100+26 \%}{100-10 \%} \times 200$

= $\frac{126}{90} \times 200$

= Rs 280

Therefore, the marked price is Rs 280.

Answer 2

Answer:

the marked price is Rs 280.