Question

a shopkeeper sell an item with 40 % profit . find the discount on selling price if he sells the same item for rs 60 .his cost price is 50

Answer 1

The answer is discount on selling price is Rs 10

Step-by-step explanation:

Cost Price = Rs 50

Profit = 40%

Profit = (50*40)/100 = Rs 20

selling Price= Cost Price + Profit

                     = 50 + 20 = Rs 70

Discount = 70 - 60 = Rs 10