Question

A shopkeeper buys an article for400 and marks it for sale at a price that may give him 80%profit on his costs he however gives15% discount on the marked price to the customer
Calculate
His marked price of the article
The discount on rupees given to the customer,
The actual percentage profit made by shopkeeper

Answer 1

cost price of an article is 400 rupees
80% of 400 rupees 320 rupees
then the Marked price will be 720 rupees
and the 15% discount on marked price is rupees 108


the Marked price of an article is 720 ₹
the discount given to the customer is 108 rupees
the actual percentage of profit made by the shopkeeper is 53%



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