Question

an article is marked at rs.1650. there is 8% discount and profit made is 20% of cost price of an article find cost price

Answer 1

We have been given MP = 1650

Discount = 8%

Profit = 20%

To find, CP = ?

MP = 100/(100-d%) * SP

1650 = 100 / (100-8) * SP

SP = (1650 * 92) / 100

SP = 1518

Now, CP = 100 / (100 + p%) * SP

= 100 / (100+20) * 1518

= 100/120 * 1518

= 15180/12

= 1265

Hence we get our CP = 1265 rupees

Answer 2

Answer:

1265 is the answer I think