A shopkeeper offers a 10% discount, but still makes a profit of 26%. What is the actual cost of the article marked at rs. 280?
Answers
Answered by
1
Let CP = Rs 100
MP = x%
Discount 10% of MP = 0.10x
SP = Rs 126
Profit = Rs 26
Facts :
MP is always markedup on CP
MP - Disc = SP
(Discount always calculated on MP)
SP - CP = Profit
Now, 126 = x - 0.10x
=> x = 1260/9 = Rs 140
=> Markup = 40% of CP
Actual MP of article = Rs 280
=> Actual CP =280/140 x 100 = Rs 200
Another Solution :
MP = 280
Discount @ 10% = 28
SP = 280 - 28 = 252
Now 252 includes 26% profit.
=> CP = 252/126 x 100 = 200
:-)
Answered by
0
Answer:
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