Question

A trader allows a discount of 20% to his customer and still gains 20%. Find the M.p. of a table which costs the trader₹1100.​

Answer 1

Answer:

M.P. = 1300 rupees

Step-by-step explanation:

C.P.= 1100 rupees

profit percent = 20%

therefore S.P.= c.p. × (100+profit%/100)

= 1100 × (100+20/100)

= 1100 × 120/100

= 1320

now,

S.P.= 1320

discount = 20%

M.P.= s.p.  × 100/100 - discount

= 1320 × 100/100 - 20

= 1300 rupees

hope it is helpful