Question

A shopkeeper offers 15% season discount to the customers and still makes a profit of 19%. What is the cost price (in Rs.) for the shopkeeper on a saree marked at Rs. 2240?

Answer 1

Answer:

Following Is Step By Step Answer

Step-by-step explanation:

We have,

M.P. = Rs 1120, and Discount % = 10

∴S.P.=M.P.(

100

100−Discount%

)=Rs{1120×(

100

100−10

)}=Rs1008

Now,

Gain % = 26 and S.P. = Rs 1008

∴C.P.=(

100+Gain%

100×S.P

)⇒C.P.=Rs(

100+26

100×1008

)=Rs800