A shopkeeper allows a discount of 10% to his customers and still gains 20%. Find the marked price of an article which costs Rs. 450 to the shopkeeper.
Answers
Answered by
66
CP = 450
Selling price of the artile = 450 x 120/100 = 540
Market price = a
a x 90/100 = 540
a = 5400/9 = 600
Market price of the article = Rs. 600
Answered by
35
Answer:
Rs 600
Step-by-step explanation:
Hi,
Let the marked price of an article be 'X'
Shopkeeper allows a discount of 10%,
Selling Price = Marked Price - Discount
= X - 10%X
= X(1 - 1/10)
= 9X/10
Given that shopkeeper gains 20 %,
Gain Percentage = ( Selling Price - Cost Price )/Cost Price * 100
20 = [(9X/10 -450)/450]*100
9X/10 - 450 = 90
9X/10 = 540
X = 600
Hence, the Marked Price of the article is Rs 600.
Hope, it helps !
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