Question

A shopkeeper marks the price of an article 25% above its cost price. After allowing discount of 15% it was sold at gain of 2700. find its marked price.​

Answer 1

Answer:

3176.47

Step-by-step explanation:

Let the c. p. is = 100 and m.p is = 125

discount on m.p = 15 % , So, s.p = 125 x 85/100 = 106.25

If s.p is 106.25 then m.p = 125

if s.p is 1 then m.p is = 125/106.25

if s.p is 2700, then m.p is = 125 x 2700/106.25= 3176

Answer 2

Step-by-step explanation:

Let the cost price (CP) be Rs 100

Marked price = CP + 20% of Cost Price

Marked Price =(100+20)% of 100=100+

100

20

×100=120

Discount of 15% on marked price is given

Hence, selling price = Marked Price - 15% of Marked Price

Selling Price = 120−

100

15

×120 = 120−18= Rs 102

Profit =SP−CP=102−100=Rs 2

Now, Profit Percent =

CP

Profit

×100=

100

2

×100=2%