For a particular item in a shop, which of the following will have the lowest selling price? (MP = Marked price)
10% increase in MP, followed by a 10% discount10% discount, followed by a 10% increase in MP2.5% discount15% increase in MP, followed by 15% discount
Answers
Answer:
Let the M.P. of the article = Rs.100
Discount = 10%
∴ S.P. = 90% of Rs.100 = Rs.90, Profit = 20%
∴C.P.=Rs.
120
90×100
=Rs.75
If the discount is 20% then S.P. = 80% of Rs.100 = Rs.80
∴ Required profit % =
75
(80×75)
=100 =
75
5
×100=6
3
2
%
Given,
10% increase in MP,
followed by a 10% discount,
followed by a 10% increase in MP
2.5% discount
15% increase in MP,
To find,
The lowest selling price
Solution,
To solve this following problem we have apply some mathematical principles,
Let,the M.P of the article = Rs 100.
Discount = 10%
∴S.P= 90%of Rs.100
⇒Rs 90
⇒Profit =20% of M.P
⇒20
∴C.P = M.P+Profit
⇒100+20
⇒120
∵Required S.P= C.P+Profit
⇒120+90
⇒Rs. 210
Now,If the discount is 20% then S.P =80% of M.P
⇒80% of 100
⇒80
∴C.P = M.P+Profit
⇒100+80
⇒180
∵Required S.P= C.P+Profit
⇒180+80
⇒Rs.260
Note: The above question is wrong but with the help of this procedure we will be able to find the other problems.