Question

A shopkeeper marks the price of an article rupees 160 find the cost price if after allowing a discount of 10% he is still gains 20% on cost price​

Answer 1

after allowing 10% discount

(160/10)=16

so sp is 160-16=144

he still gains 20%

so

now let cp be x

then

x+20%of x=144

x+20x/100=144

x+x/5=144

solving it

6x/5=144

x=(144*5)/6

x=120

Answer 2

The cost price of the article is 120 rupees.

Step-by-step explanation:

Consider the provided information.

The marked price is 160 rupees.

Shopkeeper allow a discount of 10% that means now you need to pay only 90% of marked price.

Selling price = 160 × 90%

Selling price = $160 \times\frac{90}{100}=144$

The profit is 20% after selling the article on 144 rupees.

Let the cost price is x.

x + 20% of x = 144

$x+x \times\frac{20}{100}=144$

$x+0.2x=144$

$1.2x=144$

$x=120$

Hence, the cost price of the article is 120 rupees.

#Learn more

A shopkeeper marks the price of an article at rs. 80. find the cost price if after allowing a discount of 10% he still gains 20% o the cost price.

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