Question

A shopkeeper sold an article at 20% discount and made a loss of Rs 90. If he had sold it at 5% discount, he would have made profit of Rs 90. Find the cost price and the marked price of the article. *

Answer 1

Answer:

MP = 1200

CP= 1050

Step-by-step explanation:

difference of profit and loss +90-(-90) = 90+90= ₹180

then calculate marked price

if he sold at 20% discount, he made loss of ₹90

so, sp is 1200× 80/100 = 960

since he made a loss, cp> sp

here cost price = 960+90( loss) = 1050

Answer 2

Answer:

Profit and Loss: A shopkeeper sold an article at 20% discount and made a loss of Rs 90. If he had sold it at 5% discount, he would have gained Rs 90. Find the cost price and the marked price of the article.

Step-by-step explanation:

Hope this helped you.