Question

Ishika offer a discount of 20% on all the item in her shop and still make a profit of 12% at is the cost price of an article mark at Rs 280.

Answer 1

Solutions :-


We have,

Discount on marked price of all item = 20%
Profit % = 20%
Cost Price = Rs 280



Now,
Selling price = C.P + Profit % of C.P
= Rs 280 + 12% of 280
= Rs 280 + 33.6
= Rs 313.6



Marked price = (S.P × 100)/(100 - discount)
= Rs (313.6 × 100)/(100 - 20)
= Rs 31360/80
= Rs 392



Answer : Marked price of article = Rs 392
Selling price of article = Rs 313.6

Answer 2

Solutions:−

Given :

Discount on marked price = 20%

Profit % = 20%

Cost Price = Rs 280

Now,

Find the Selling price of articles :-

Selling price = C.P + Profit % of C.P

= 280 + 12% of 280

= 280 + 33.6

= 313.6

So, selling of article = Rs 313.6

Find the marked price of articles :-

Marked price = (S.P × 100)/(100 - discount)

= (313.6 × 100)/(100 - 20)

= 31360/80

= 392

Hence,

Marked price of article is Rs 392

And Selling price of article is Rs 313.6