a shopkeeper gives 15% discount on all the particles .find the marked price of the chair if it is sold for RS 20
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Let the M.P be Rs.100
Then the S.P at 20% discount.=Rs.(100−20)=Rs.80
By selling in this price he makes a profit of 20%.
∴C.P.=
100+profit%
100×S.P.
=Rs.
100+20
100×80
=Rs.
120
100×80
=Rs.
3
200
.
In the second case, the discount =10%.
Then, the S.P.=Rs.(100−10)=Rs.90.
∴ Profit =S.P.−C.P.=Rs.(90−
3
200
)
=Rs.
3
70
∴ Profit% =
C.P.
Profit
×100p.c
=
3
200
3
70
×100p.c
=
200
70×100
=35%
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