Question

a shopkeeper offers 12% discount to the costumers and stills makes a profit of 20%. what is the actual cost of an article marked for rs 600.

Answer 1

Answer : Cost Price = Rs 440


Explanation -

Given : Marked Price = 600

Discount = 12%


Discount = 600 x 12/100 = 72.



Finding Selling Price -

Selling Price = Marked Price - Discount

Selling Price = 600 - 72

Selling Price = 528.


Finding cost price -

$cost \: price \: = \dfrac{100}{100 + profit} \times sp$


$= \dfrac{100}{100 + 20} \times 528$


$\dfrac{100}{120} \times 528$


= 440.


Hence :

Cost Price = 440