Question

After givinga discount of 20%, a seller still makes a profitof 10%. What is the cost of the article its marked price is 5,610 ?

Answer 1

Answer:

Step-by-step explanation:

Given: Marked price .i.e MP = Rs 5,610

Discount made = 20 %

Profit made = 10 %

To find: Cost Price i.e. CP

Solution: Discount Rs = Discount % X Marked Price

                                    =  20% X Rs 5,610

                                    = 20/100 X Rs 5,610

                                    = Rs 1122

This mean that the Selling Price SP is = CP - Discount Rs

                                                               = Rs 5,610 - Rs 1122

                                                               = Rs 4488

Profit Rs = Profit % X Marked price

              = 10/100 X 5,610

              = Rs 561

Cost Price of the item = Marked Price + Profit Rs

                                    = Rs 5,610 + Rs 561

                                    = Rs 6171