A shopkeeper buys a dinner set for $1200 and marks it 80% above the cost price. If he gives 15% discount on it , find
the marked price
the selling price
profit percentage
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Answer:
Cost Price=Rs.1200
Marked Price=1200+1200*80=1200+960=Rs 2160
Marked Price=Rs 2160
Selling Price=Rs2160-15%Marked Price=2160-324=Rs 1836
Profit=SP-CP=1836-1200=Rs 636
Profit%=636/1200*100=53%
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