Question

an article was sold for rs 2288 at a discount of 20 percent after 2 successive mark ups of 10 percent and 30 percent Find tha cost price

Answer 1

Answer:

Rs 2000

Step-by-step explanation:

Hi,

Let the cost prices of an article be 'x'

After first mark up of 10%,

Marked Price would become = x(1 + 10/100)

= 11x/10

After second mark up of 30%,

Marked Price would become =11x/10 *(1 + 30/100)

= 143x/100

Given discount of 20% on Marked Price,

Selling Price would be 143x/100(1 - 20/100)

= 143x/125

Given that Selling Price = Rs 2288

⇒143x/125 = 2288

⇒ x = 2288*125/143

⇒ x = 125*16 = 2000

Hence, the cost price of the article is Rs 2000

Hope, it helps !