an article is marked at rupee 2250 if discount offered is 12 percent and still the profit is 10 percent. find SP, CP
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8th
Maths
Comparing Quantities
Prices Related to Buying and Selling
An article is marked at Rs....
MATHS
An article is marked at Rs. 2,250. By selling it at a discount of 12%, the dealer makes a profit of 10%. Find the cost price of the article for the dealer.
A
Rs. 1,500
B
Rs. 1,600
C
Rs. 1,700
D
Rs. 1,800
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ANSWER
Discount =12 % of Marked Price =10012×2,250=Rs270
And Selling price will be = Marked Price −Discount =Rs2,250−Rs270=Rs1,980
Now, with this S.P. and for Profit % =C.P.S.P.−C.P.×100=10 %, we have
=>C.P.1,980−C.P.×100=10
=>1,980−C.P.=0.1C.P.
1.1C.P.=1,980
=>C.P.=Rs1,800
Answer:(i) Marked Price = Rs. 2,250
S.P. = (2250(100 – 12))/100= (2250 × 88)/100 = 45 × 44
= Rs. 1980
(ii) S.P. = Rs. 1980, Profit = 10%
∴ C.P. of the article = (100/110) × 1980 = 100 × 18
= Rs. 1800
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