A shopkeeper offers 12% discount to the customer and still makes a profit of 20% . What is the actual cost of an article marked 600
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Given :
Marked price of an article = Rs 600
Discount = 12%
Find the Selling price of an article :-
S.P = M.P - discount % of M.P
= 600 - 12% of 600
= 600 - 0.12 × 600
= 600 - 72
= 528
Find the cost price of an article at the profit of 20% :-
C.P = (S.P × 100)/(100 + Profit)
= (528 × 100)/(100 + 20)
= 52800/120
= 440
Hence,
The actual cost of an article = Rs 440
Answered by
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Answer:
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Step-by-step explanation:
S.P. = M.P. - discount of M.P.
=600 - 12% of 600
=600 - 0.12 × 600
=600 - 72
=528
Find the C.P. of an article at the profit of 20%
C.P. = (S.P.×100)/(S.P. + profit)
=(528×100)/(100+20)
=52800/120
=440
hence,the actual cost of an article=440
hope it helps....
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