Question

An article costs ₹400 was marked at a price which was 10% above the cost price .What is the selling price of this article, if 10% discount is given on the marked price?​

Answer 1

To find Selling Price,at first we have to find Marked Price. So let us find,

Fɪɴᴅɪɴɢ ᴍᴀʀᴋᴇᴅ ᴘʀɪᴄᴇ(ᴍᴘ)

We know that,

MP = CP +(10% of C.P)

$\sf{MP=400+\frac{10}{100} \times400}$

$\sf{MP =₹440}$

Fɪɴᴅɪɴɢ Sᴇʟʟɪɴɢ Pʀɪᴄᴇ(SP)

We know that,

$\sf{SP=\bigg(1 - \frac{d}{100} \bigg) \times MP}$

$\sf{SP = \bigg(1 - \frac{10}{100} \bigg) \times 440}$

$\sf{SP=0.9\times440}$

$\sf \large\pink{SP = \frak{₹396.}}$