Question

A shopkeeper buys an set for rupees 1200 and Marks it 80% above the cost price if he gives 15%discount on it. find the Marked price the selling price and his profit percentage.

Answer 1

CP = 1200
SP = 1200 * 180/100
      = 2160
MP = 2160 * 75 / 100 
      = 1620
Profit = 1620 - 1200
          = 420
Profit percentage = 420 * 100 / 1200
                               = 420 / 12 
                              = 35 %