A shopkeeper buys a radio for Rs 1200. Now he wishes to earns a profit of 25% even after giving a discount of 20% on the marked price. Find by
what percent he should raise the cost price to put a tag on it
Answers
Step-by-step explanation:
MP = x%
Discount 10% of MP = 0.10x
SP = Rs 126
Profit = Rs 26
Facts :
MP is always markedup on CP
MP - Disc = SP
(Discount always calculated on MP)
SP - CP = Profit
Now, 126 = x - 0.10x
=> x = 1260/9 = Rs 140
=> Markup = 40% of CP
Actual MP of article = Rs 280
=> Actual CP =280/140 x 100 = Rs 200
Another Solution :
MP = 280
Discount @ 10% = 28
SP = 280 - 28 = 252
Now 252 includes 26% profit.
=> CP = 252/126 x 100 = 200
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A shopkeeper offers his customers 10 percent discount and still makes a profit of 26 percent, what is the actual cost to him of an article marked rupees 280?
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Let Cost be 100
Makes profit of 26%
Sales receipt = 100+26% = 126/-
This was received after allowing a discount of 10%
So marked price = 126/(1–10%) = 140/-
When marked price is 280/-
Cost price will be 280/140 x 100 = 200/-
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10% of 280
280*10/100=28
280–28 =252
Then 26% of 252
252*26/100= 65.52
252–65.52= 186.48
MP/CP * discount = profit
280/CP * 9/10 = 126/100
CP = 200
A shopkeeper offers his customers 10 percent discount and still makes a profit of 26 percent, what is the actual cost to him of an article marked rupees 280?
A shopkeeper buys an article for 375 Rupees. At what price must he mark it so that after allowing a discount of 10%, he is still making a profit of 20%?
A shopkeeper allows a discount of 10% on an article and still makes a profit of 35%. What would be her gain percentage had she sold the article at its marked price?
A shopkeeper offers his customer a 20 percent discount and still makes a profit of 20 percent. What is the actual cost of an article marked at Rs 300?
A shopkeeper offers 15% discount on a calculator and still makes a profit of 25%. What is the actual cost to him of an article marked Rs. 700?
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