cost price is rupees 150 and marked price is 200 and discount on price is 10% what will be the selling price and percentage of profit and loss on marked price
Answers
Given data : Cost price is Rs 150 and marked price is Rs 200 and discount on price is 10 %.
To find : The selling price and percentage of profit and loss on marked price.
Solution : Firstly we have to find discount,
Here, we know,
- Cost price = Rs 150
- Marked price = Rs 200
- Discount % = 10 %
Now,
⟹ Discount % = {Discount/Marked price} * 100
⟹ 10 = {Discount/200} * 100
⟹ 10/100 = Discount/200
⟹ 0.1 = Discount/200
⟹ Discount = 0.1 * 200
⟹ Discount = Rs 20
Now, by formula of discount,
⟹ Discount = Marked price - Selling price
⟹ 20 = 200 - Selling price
⟹ Selling price = 200 - 20
⟹ Selling price = Rs 180
Here, according to cost price and selling price it profit.
⟹ Profit = Selling price - Cost price
⟹ Profit = 180 - 150
⟹ Profit = Rs 30
Now,
⟹ Profit % = {Profit/Cost price} * 100
⟹ Profit % = {30/150} * 100
⟹ Profit % = {1/5} * 100
⟹ Profit % = 0.2 * 100
⟹ Profit % = 20 %
Answer : Hence, the selling price is Rs 180 and the profit % is 20 %.
More info : Anather way to find selling price with Discount % and Marked price
⟹ selling price = Marked price * {(100 - Discount %)/100}
⟹ selling price = 200 * {(100 - 10)/100}
⟹ selling price = 200 * {90/100}
⟹ selling price = 200 * 0.9
⟹ selling price = Rs 180
Answer:
I hope this helps u
have a nice day.