Question

A shopkeeper purchases an article for RS 360 after getting a discount of 10% from wholesaler. If he sold it at same price what would be his profit if the wholesaler has not given him a discount , assuming he sold it at same price?​

Answer 1

Answer:

C.p.=360, profit = 40(given)

S.p.= 360+40= 400

Let marked price is x,

Discount =(100/9% of x)= x/9

Price after discount will be selling price of the article.

X-(x/9)=400

8x/9=400

X=450.

Step-by-step explanation:

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Answer 2

Answer:

A shopkeeper purchases an article for RS 360 after getting a discount of 10% from wholesaler. If he sold it at same price what would be his profit if the wholesaler has not given him a discount , assuming he sold it at same price?​

Solution:

Find the marked price of the article,

Apply,$\[CP = MP\left( {1 - \frac{{\% D}}{{100}}} \right)\]$

$\[ \Rightarrow 360 = MP\left( {1 - \frac{{10}}{{100}}} \right)\]$

$\[ \Rightarrow MP = 360 \times \frac{{100}}{{90}}\]$

$\[ \Rightarrow MP = Rs.400\]$

Find the profit percentage,

$\[\begin{array}{l} = 400 - 360\\ = 40\end{array}\]$

Calculate the percentage profit,

$\[ = \frac{{40}}{{360}} \times 100\]$

$\[ = \frac{{100}}{9}\]$

$\[ = 11\frac{1}{9}\% \]$

Hence, his profit percentage is $\[ 11\frac{1}{9}\% \]$.