Question

after allowing a discount of 15% on the marked price of an artist it is sold for 884 . if he gain 10% on the artist than the CP of the artist is.



solve this question​

Answer 1

Answer:

Let marked price =Rs. x

⇒x−

100

15x

=2975

⇒x=

85

2975×100

=3500

⇒ Cost price x(1+

100

40

)=M.P

⇒ Cost price =

140

100

×3500=2500

⇒ Profit =Rs. 2975−2500=Rs. 475.

Answer 2

Given data:

After allowing a discount of 15% on the marked price of an article, it is sold for 884.

He gained 10% on the article.

To find:

The cost price of the article

Step-by-step explanation:

Selling price = 884

Discount = 15%

Then marked price

= 884/(1 - 15/100)

= 884/(85/100)

= 884 × 100/85

= 1040

Let the cost price of the article be x

Profit = 10%

Then,

x (1 + 10/100) = 1040

⇒ x * 110/100 = 1040

⇒ x = 1040 * 100/110

⇒ x = 945.45 (approximately)

Final answer: 945.45

The cost price of the article is 945.45

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