A shopkeeper buys an article for Rs. 400 and marks it for sale at a price that may give him 80% profit on his cost. He, however gives 15% discount on the marked price to his customer. Find the discount in rupees given to the customer
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Step-by-step explanation:
Mark price=400+
100
80×400
=400+320=720
(2) Discount %=15%
=15×
100
720
=108
sp=720−108=612
(3) Total profit=sp−cp=612−400=212
Profit =
400
212
×100=53%.
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