Jack sold his mobile at 10% discount on marked price he about the mobile phone rupees 900 and wants to get 10% profit what should be the Marked price
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Let CP = Rs 100
MP = x%
Discount 10% of MP = 0.10x
SP =Rs 126
Profit = Rs 26
Facts :
MP is always markedup on CP
MP - Disc = SP
(Discount always calculated on MP)
SP - CP = Profit
Now, 126 =x-0.10x
=>x=1260/9 = Rs 140
=> Markup = 40% of CP
Actual MP of article = Rs 280
=> Actual CP =280/140 x 100 = Rs 200
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