A shopkeeper allows a discount of 10% on his goods and still makes a profit of 20% find the cost price of an item whose MP is rupees 1700
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Answered by
36
C.P=100
C.P= 1700
S.P=100+20-10=110
LET THE S.P BE x
100×X=1700×110
100x = 127000
x = 127000÷100
x = 1270rs.
C.P= 1700
S.P=100+20-10=110
LET THE S.P BE x
100×X=1700×110
100x = 127000
x = 127000÷100
x = 1270rs.
Shagun12789:
answer is 1275
ok 1 min.
sorry i did 1 mistake.. here's the answer
the cp is 100-10+20=110 and sp is = x. cp is 1700. so sp = 100x=127000 then x= 127000÷100= 1270. not 1275
Answered by
40
Answer:Let the cost price of an article be x.
Profit=20%
SP=100+20×x/100
120x/100=6x/5
Mp=1700
Discount= 10% of 1700
Sp=Mp-dicount
Rs=1700-1700×10/100
So,700-170=Rs 1530
Hence,6x/5 =1530
6x=1530×5
6x=7650
X=7650/6
X= 1,275
The cost price of an item is Rs 1,275
Thanks
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