Question

A shopkeeper allows a discount of 15% on each of his items and still makes a profit of 12% each of them. Find the CP of an article marked at 1250.​

Answer 1

Answer:

M.P = Rs. 500 Discount = 10%

∴ S.P. = Rs.500-10% of Rs.500=90% of Rs.500=

100

90

×Rs.500=Rs.450

Profit = 20% C.P.=Rs.(

120

450×100

)=Rs.375