A vendor sold a shirt for Rs. 450 after giving the customer 10 percent discount on the display price and gain 12.5% from transaction.by what percentage vendor increase the actual price to arrive at display price
Answers
Step-by-step explanation:
Let the CP of the watch be Rs.x.
Case I,
Therefore, SP = 120x100=Rs.6x5120x100=Rs.6x5
Case II,
CP = Rs.(x - 100)
SP = Rs. (6x5−100)(6x5−100)
Profit = (6x5−x)=Rs.x5(6x5−x)=Rs.x5
Therefore, x5x−100×100=25x5x−100×100=25
=> 25x - 2500 = 20x
=> 5x = 2500
=> x = 2500525005 = Rs.500
Answer:
The vendor increased the actual price by 25%.
Step-by-step explanation:
- Step-1: Lets assume marked price = 100.
If he gives 10% discount on display price, then selling price =100 - 10 =90
But the mentioned selling price = Rs. 450
That means 90 is equivalent to 450/-.
100 is equivalent to 450 × = 500/-. So the marked price = 500/-
- Step-2: Profit = 12.5%. Selling price = 100+12.5 = 112.5
That means the selling price is 112.5 when the cost price = 100
Cost price of the shirt = 450 × = 400/-
Actual price of the shirt = cost price = 400/-
- Step-3: Increase in actual price = marked price - actual price
= 500 - 400 = 100/-
Increase percentage = 100%
= % = 25%
∴ The vendor increased the actual price by 25%.
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