Question

a shopkeeper offers 10% off-season discount to the customers and still makes a profit of 26% what is the cost price of a pair of shoes marked at ₹1120

Answer 1

MRP=1120

Discount=10%

10% of 1120=112

S.P.=1120-112=1008

Cp= spx100/(100+profit%)

Cp=1008x100/126=800

Answer 2

10% of MP = 10*1120/100
=112
SP= 1120-112=1008
Profit%= Profit/CP*100
CP=(100/100+Gain%)*SP
CP=(100/100+26)*1008
CP=800