Marked price of an article is Rs 700. It is sold at discount of 20% . Find its selling price *
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"Let the cost price of the article be Rs. x Profit percent = (sale price - cost price) × 100cost price Market price = Rs. 700 After discount of 20%, ... More
Given :- Marked price of an article is Rs 700. It is sold at discount of 20% .
To Find :- Find its selling price ?
Solution :-
Let us assume that, selling price is Rs. x
so,
→ MP = Rs.700
→ Discount = 20% = 20% of 700 = (20 * 700)/100 = 140 .
then,
→ SP = MP - Discount
→ x = 700 - 140
→ x = Rs.560 (Ans.)
Method 2) :- Direct formula :-
→ SP = {MP * (100 - Discount %)}/100
→ SP = {700 * (100 - 20)}/100
→ SP = (700 * 80)/100
→ SP = 7 * 80
→ SP = Rs.560 (Ans.)
Hence, required Selling price is Rs.560 .
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