Question

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

Answer 1

Answer:

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

Answer 2

Answer:MRP of article =280

discount =10% of 280 =280*10/100

=28

SP = 280-28 =252

profit = 26%

let CP =x

CP+ PROFIT =SP

X+ X*26/100 =252

100X+26X =252*100

126X = 25200

X. =25200/126

X= 200

THUS CP = 200

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