Question

Mr.sharma marks his good at a price such that he can make 20% profit after allowing a rebate of 12.5 find the market price of his article which cost him 140rupees​

Answer 1

Given :-

Cost price = ₹ 140

Profit percentage = 20%

Rebate = ₹12.5

To Find :-

The market price .

Solution :-

Total profit = 20% of ₹ 140

$=\: {\dfrac{20 \times 140}{100}}$

= 28

Therefore, total profit made was ₹28

Selling price = Cost Price + profit

= ₹(140 + 28)

= ₹ 168

Total rebate given = ₹ 12.50

Market price = Selling Price - Rebate

= ₹(168 - 12.5)

= ₹ 155.5

Therefore, market price is ₹ 155.5

Answer 2

Question :-

Mr Sharma marks his good at a price such that he can make 20% profit after allowing a rebate of 12.5 find the market price of his article which cost him rupees 140 .

Answer :-

Given ,

• Mr Sharma Mark his goods Aate prices that he can make 20% profit after allowing a rebate of 12.5 .
• article he buyed cost is 140 .

what to find ?

=> we have to find here the market price of his article .

Solution :

to find total profit we have to multiply 20% with rupees 140 .

So,

20×140/100

=> ₹28

so profit is ₹28 .

now ,

SP=CP + profit

=>SP= 140+28

=> SP= 168

rebate given = ₹12.50

So,

MP = SP - REBATE

=> 168-12.5

=> 155.5

HENCE ,

the market price of the article ₹ 155.5