Question

A shopkeeper bought an almirah for rupees 4500. He marked its price 30 percent above the cost and then allowed a discount of 20 percent.

i) Find the discount given to the customer.
ii) The selling price of the almirah.
iii) The profit Percentage made by the shopkeeper.

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Answer 1

Answer:

We have,

S.P=Rs. 5400,Discount=10%,M.R.P=?

We know that

M.R.P=

100−Discount%

S.P×100

M.R.P=

100−10

5400×100

M.R.P=

90

5400×100

M.R.P=600×10=Rs. 6000

Hence, this is the answer