a shopkeeper offers his costumers 10% discount and still makes a profit of 26%. what is the actual cost to him of an article marked rs. 280?
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S O L U T I O N :
- Marked price, (M.P) = Rs.280
- Discount, (D) = 10%
- Profit = 26%
Using formula of the discount when given MP;
A/q
&
→ Selling price = Marked price - Discount
→ Selling price = Rs.280 - Rs.28
→ Selling price = 252
Now, using formula of the Selling price when get profit;
Thus,
The actual cost price pay will be Rs.200 .
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