A shopkeeper buys an article whose listed price is Rs. 100. He receives successive discounts of 10% and 20% while purchasing. If he spends 10% of the cost price on packaging, at what price should be sell the article to make a profit of 15%? pls give a clear step by step explanation urgent!!
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Answer:
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Step-by-step explanation:
The cost price of the article after discount =90%of80% of Rs.100
= 100
90
×
100
80
×Rs.100=Rs.72
Amount spent on transport =10% of Rs.72=Rs.7.20
∴ Net C.P. =Rs.72+Rs.7.20=Rs.79.20
Profit =15%
∴ S.P.= Rs(
100
79.2×115
)=Rs.91.08
if not able to understand look in the picture
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