Question

An item is sold at certain price. The selling price printed on this item is 40% more than its cost price. Since the customer who purchased the product was a premium category customer , he got 10% discount on selling price. If the shopkeeper gain the profit of ₹65 after the sale of this item, What is the Selling price printed on this item??​

Answer 1

Step-by-step explanation:

Let the printed price of item be Rs. 100.

After discount of 10% SP = Rs. 90 profit earned =15%

C.P of item =

115

100

×90=

23

1800

Hence, CP : Printed Price =

23

1800

:100=18:23

Answer 2

Answer:

The selling price printed on the item is ₹350.

Step-by-step explanation:

• Step-1: Lets assume cost price is 100.

        Selling price printed = 100 + 40 = 140

• Step-2: Discount is 10% on selling price.

        Amount of discount = 10 × $\frac{140}{100}$ = 14

        Customer buy the item with a price of 140 - 14 = 126.

• Step-3: Profit = Selling price - cost price

                               = 126 - 100 = 26

• Step-4: The profit mentioned in the question is ₹65.

        So 26 is equivalent to ₹65.

            140 will be equivalent to ₹65 × $\frac{140}{26}$ = ₹350

           ∴ The selling price printed on the item is ₹350.

To get similar type of problems visit the link given below:

https://brainly.in/question/16833283

https://brainly.in/question/45243605