A shopkeeper buys a suitcase for rupees 1400 and marks is 60% above the cost price and allows a discount of 15% on it find the Marked price of the suit piece and also the discount given
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Answer:
The marked price is Rs 2240 and the discount is Rs 336
Step-by-step explanation:
Cost Price = Rs 1400
Find the marked price:
Gain = 60% of Rs 1400
Gain = 0.6 x 1400 = Rs 840
Marked Price = 1400 + 840 = Rs 2240
Find the discount:
Discount = 15% of Rs 2240
Discount = 0.15 x 2240 = Rs 336
Answer: The marked price is Rs 2240 and the discount is Rs 336
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