an article marked at rupees 800 is sold at a discount of 10% find the of cost price of dealer makes a profit of 20%
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Answered by
5
Discount of 10% on marked
price=800*10%
=80
Selling price=800-80
=720
The dealer makes a profit of 20% means is selling the article at 120%.
120%=720
1%=6
Hence, 100%=600
Thus, the cost price of article= 600
If no discount allowed,
Selling price will become 800
Profit= SP-CP
= 800-600
=200
Profit percent=(200/600)*100
=33.33%
Answered by
3
marked price =mp
selling price =sp
cost price =cp
mp : sp =100:90
800:sp =100:90
sp=800×90/100=720
cp:sp =100:120
cp : 720 :100 :120
cp =100×720/120
=600
selling price =sp
cost price =cp
mp : sp =100:90
800:sp =100:90
sp=800×90/100=720
cp:sp =100:120
cp : 720 :100 :120
cp =100×720/120
=600
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