Question

if sp of an article is 900 & loss is 40% find the cist price of article

Answer 1

Sol: List price (marked price) of an article = Rs 800Discount percentage  = 15 % Discount = 15 % of 800 = 15/100 x 800 = Rs 120Selling price of the article = List price - Discount                                     = 800 - 120                                      = Rs 680 Profit = 40/3 % Cost price = Selling price x (100) / (100 + g)                 = 680 x (100) / (100 + 40/3)                = 680 x (300) / (340)                 = 600 The cost price of the article = Rs 600.