Question

a shopkeeper offers his customers 10% discount and still makes a profit of 26%. what is cost price of an article marked at rs. 280

Answer 1

Answer:

CP=200

Step-by-step explanation:

Item is marked at rs 280

now shopkeeper gives 10% discount

so SP = 280-10%*280

= 280-28 = 252 Rs.

Now selling at this price he still gains 26% profit

so CP + 26%*CP= SP

let cp be x

x+ 26/100*x = 252

63x/50 = 252

x=252*50/63

x= 4*50

x=200 Rs.