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 actual percentage profit made by the shopkeeper
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Step-by-step explanation:
(1) Mark price=400+10080×400=400+320=720
(2) Discount %=15%
=15×100720=108
sp=720−108=612
(3) Total profit=sp−cp=612−400=212
Profit =400212×100=53%.
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Answer:
He, however gives 15% discount on the marked price to his customer. ... 3.the actual percentage profit made by the shopkeeper. ... 1) mark price = 400 + 80% of 400.
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