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.
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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 gained Rs 90. find the cost price and the marked price of the article.
To Find :
- Cost price
- Marked price
Given ,
Shopkeeper sold an article at discount percentage of =20
Total amount of loss = 90
Let mark price be x
Cost price be y
Selling price = x*80/100
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If shopkeeper might sold same article at the discount percentage of = 5
Total amount of gain = 90
Selling price = x*95 / 100
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Some important formula :-
- Loss % = (loss/ CP * 100) %.
- Profile % = ( profit / CP * 100) %
- Discount % = ( List price - Selling price ) / List price * 100 ) %
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