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?
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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
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