A shopkeeper marks the price of an article Rs 550 and gives customer a discount of 10% in this way he gains Rs75 on the article how much percent will the Marked price be more than the cost price
shahsaurabh4682099:
A shopkeeper marks the price of an article Rs 550 and gives customer a discount of 10% in this way he gains Rs75 on the article how much percent will the Marked price be more than the cost price
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Answer:
SP 550
10 percent discount 495
75 profit is 420
Step-by-step explanation:
then actual price is 420
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Step-by-step explanation:
price of the article = ₹550
Discount on article = 10 percent
profit of shopkeeper = ₹75
how much percent m.p is greater than c. p
m. p. = price of article - profit
= 550 - 75
= ₹475
c. p. = ₹550
c. p. ÷ m. p. *100
= 550/475*100
= 55000/475
= 115
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