Question

An owner of a restaurant earns a profit of 30% per person in a dinner even after allowing discount of 35% on the listed price. If the list price is Rs. 250, what is the cost price? ​

Answer 1

Answer:

Cost Price = Rs 125

Step-by-step explanation:

Sale Price= L.P x (100–D)/100

here

L.P= list price= Rs 250

Discount = 35%

So Sale price = 250 x 0.65= 162.50

Profit= 30%

So Cost Price= S.P/(1.3)= 162.50/1.3

Cost Price = Rs 125