Question

a shopkeeper allows a discount of 10% on his goods and still makes a profit of 20% find the cost price of an article if Market price is 3400 rupees

Answer 1

Answer:

Step-by-step explanation:

SP of the goods=3400*90/100=3060

20%profit means if cp =100then SP=120

Cost price=3060*100/120=2550

Answer 2

The cost price of an article is Rs.3672

Step-by-step explanation:

Marked price of good = Rs.3400

Discount = 10%

Cost after discount =$3400-10\%(3400)=3400-\frac{10}{100}(3400)=3060$

Shopkeeper makes a profit of 20%

Cost including profit =$3060+20\%(3060)=3060+\frac{20}{100}(3060)=3672$

Hence The cost price of an article is Rs.3672

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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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