Question

allowing 8% discount on the market price, an article was sold at a gain of 15%.had it been sold after allowing 15%discount, there would have been gain of rs.80. find the mark price, cost price and profit when 8% discout is given

Answer 1

Answer:

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Step-by-step explanation:

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.

solution