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:

actual cost = RS. 440

Step-by-step explanation:

Let P be the actual cost

It is given that,

A shopkeeper offers 12% discount to the customers and stills makes a profit of 20%.

The marked price be Rs. 600

To find actual cost

Therefore 100 - 12 = 88% of marked price equal to the 120% of actual cost P

(88 x 600)/100 = (120 x P)/100

P = (88 x 600)/120 = 440

Therefore original price  = RS. 440

Answer 2

Answer:

Rs 440

Step-by-step explanation:

Marked Price = Rs 600

Find the price after discount:

Discount = 12% of Rs 600

Discount = 0.12 x 600 = Rs 72

Price after discount = 600 - 72 = Rs 528

Find the cost price:

Profit = 20%

Selling Price = 100 + 20 = 120%

120% = Rs 528

1% = 528 ÷ 120 = Rs 4.40

100% - 4.4 x 100 = Rs 440

Answer: The article cost Rs 440