Question

A shopkeeper buys an article whose printed price is 4000 from a wholesaler at a discount of 20% and sells it to a consumer at the printed price. If the sales are intra state

Answer 1

Answer:

the term marked price and printed price are same

discount is same as markup

marked price= 4000

discount: 20%

sp= 4000

cp=?

CP = 4000/ (100 + 20)

cp= 4000/120

cp= rs. 33.33