Question

An article cost 700 rupees to the manufacturer he sells it to the retailer at a profit of 20%. the retailer mark the price 40% above the pricehe paid to manufacturer.Later,he allows a discount of 10% on the mp. Find the amount paid by the customer for the article to the retailer.​

Answer 1

Answer :

1058.4

Step-by-step explanation :

Given : Cost of article = rupee 700

Profit earn while selling it to the retailer = 20%

The retailer marke the price 40% above

To find : the amount paid by customer

Solution

Profit earned by selling to the retailer =

$7 \cancel{00 }\times \dfrac{20}{1 {\cancel{00} }}$

$\implies \: 7 \times 20 = 140$

$\therefore \: the \: retailer \: bought \: the \: item \: in \: \\ 700 + 140 = 840$

_________________________________

Now,

The retailer marked the price of the item 40% above the price he paid to manufacturer

$\implies \: amout \: paid \: to \: retailer \: \times \dfrac{40}{100}$

$\implies \: 84{ \cancel{0}} \times \dfrac{4{ \cancel0}}{1{ \cancel{00} }}$

$\implies \: 84 \times 4 \\ = 336$

Therefore the price of item marked

= 840+ 336

= 1176

______________________________

According to the question

The retailer gave discount of 10 %

$\implies \: 1176 \times{ \cancel \frac{10}{100} }$

$\implies \: \dfrac{1176}{10}$

$\implies \: 117.6$

So, the retailer gave the discount of rupee 117.6

Therefore the amount paid by the customer

$= 1176 - 117.6$

$\large = \underline{ \bold{ \underline{1058.4}}}$