a shopkeeper offer his customer 10% discount and then also makes profit of 26%.find the cost price of article if it is marked price was rupees560
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Answer:
Market price of article is Rs.280.
⇒ Discount = 10% of 280 = Rs.28
⇒ Selling price = 280−28=Rs.252
⇒ Profit is 26%.
⇒ Let C.P. be x.
⇒ Selling price = Cost price + Profit.
⇒ 252=x+x×
100
26
⇒ 100x+26x=252×100
⇒ 126x=25200
⇒ x=
126
25200
⇒ x=Rs.200
∴ The cost price is Rs.200
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