A shopkeeper marks his goods at such a price that would give him a profit of 10% of relying on a discount of 12% if an article is marked to 20 2250 find SP and CP
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Answer:
Given
MRP=2250
After allowing 12% Sp
Sp= mrp x(100-discount) /100
Sp= 2250 x(100-12)/100
Sp= 2250 x 88 /100=1980
Sp=₹1980 (first answer )
He also earn 10% profit, so
Cp =sp x 100/(100+profit %)
Cp = 1980 x 100/110
Cp = ₹1800 (2nd ans )
Hope it helps
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