Question

In a store the successive discounts offered on a bag are 10%
and 20%. The store price of the bag is Rs.570. Then calculate
the selling price of the bag.

Answer 1

Answer:

In the profit and loss section, the cost of a product is very crucial. If you have marked the cost of the product wrong, you may not see any profit at all. In the following section, we will see what we mean by marked price. We will also see all the other relevant terms and try and understand how to determine marked price such that the profit is maximum. Let us begin with the following space below!