A shopkeeper marks his goods at such a price that after allowing a discount of 30%. He makes a profit of 40%. Find the marked price of an article whose cost price is Rs150
Answers
Answered by
23
Hey,sup!
As per the question,
Cost price= 150Rs.
Profit= 40%.
So selling price= 150(1+40/100).
= 150 ×140/100.
=210Rs.
We have to mark the item at such price that after giving discount the selling price is 210Rs.
Let the marked price be x Rs
Discount=30%
Selling price= x(1-30/100)= 210.
=> x* 70/100= 210.
=> x= 210/70 × 100
=> x= 3×100.
=> x=300.
So if the goods are marked at 300Rs the shopkeeper will earn a profit of 40% even after giving a 30% discount.
Hope it helps.
As per the question,
Cost price= 150Rs.
Profit= 40%.
So selling price= 150(1+40/100).
= 150 ×140/100.
=210Rs.
We have to mark the item at such price that after giving discount the selling price is 210Rs.
Let the marked price be x Rs
Discount=30%
Selling price= x(1-30/100)= 210.
=> x* 70/100= 210.
=> x= 210/70 × 100
=> x= 3×100.
=> x=300.
So if the goods are marked at 300Rs the shopkeeper will earn a profit of 40% even after giving a 30% discount.
Hope it helps.
Similar questions