A shopkeeper allows a discount of 20% on the Marked price of an article and sell it for rupees 896 calculate the Marked price of the article S by selling the article at the discount price if he is still gain 12% on his cost price what was the cost price of third what would you have been his profit percentage if he had sold the article at the Marked price
Answers
Answer:
(1)let the market price X
discount on market price = 20%
So discount =( X×20)/100
= 20X/100
selling price = market price - discount
= X-(20X/100)
=80X/100
according to question:-
80X/100 = 896
X= = 89600/80
X =1120 ₹. -ans
(2)896= 112% of cost price
cp = 89600/112=800 Rs
(3) if he had sold it for marked price 1120 rs then profit= 1120-800=320rs
hence profit % = 320/800*100=40%
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Answer:
(1)let the market price X
discount on market price = 20%
So discount =( X×20)/100
= 20X/100
selling price = market price - discount
= X-(20X/100)
=80X/100
according to question:-
80X/100 = 896
X= = 89600/80
X =1120 ₹. -ans
(2)896= 112% of cost price
cp = 89600/112=800 Rs
(3) if he had sold it for marked price 1120 rs then profit= 1120-800=320rs
hence profit % = 320/800*100=40%
Step-by-step explanation:
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