Question

At what price should an article costing 510rs be sold so that after giving 15% cash discount, a profit of 20% is made ?​

Answer 1

Answer:

Sell it for 612 but label it 720 and mention 15% discount

Step-by-step explanation:

510+20%=510+102

=612

This is the price after 15% discnt

so price tag should be

(612/0.85)

=720

Answer 2

An article should be sold at Rs.520.2

Step-by-step explanation:

Cost price of article = Rs.510

Discount% = 15%

Cost after discount = $510-15\%(510)=510-\frac{15}{100} \times 510=433.5$

Profit % = 20%

Cost including profit = $433.5+20\%(433.5)=433.5+\frac{20}{100}(433.5)=520.2$

Hence An article should be sold at Rs.520.2

#Learn more:

A shopkeeper allows 15% discount. On giving this discount he made a profit of 20% that is 1700. What is the marked price?

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