Question

Namita offers a discount of 20%on all the items at her shop and still makes a profit of 12%.What is the C. P. of an article marked at Rs 280? ​

Answer 1

Answer:

Cost Price = Rs. 200

Step-by-step explanation:

Marked price of the article ( MP ) = ₹ 280

Discount percentage ( d % ) = 20 %

Profit percentage ( p % ) = 12 %

Now, first of all let the cost price of the article ( CP ) be ₹ ' x '.

Discount = 20 % of MP

Discount = 20 % of ₹ 280

Discount = 20/100 * 280

Discount = 0.2 * 280

Discount = 2 * 28

Discount = ₹ 56

Hence,

SP = MP - Discount

SP = ₹ 280 - ₹ 56

SP = ₹ 224

Selling price of the article = ₹ 224

We know that,

Profit = p % of CP

Profit = 12 % of x

Profit = 12x / 100

Profit = ₹ 0.12 x

Now,

SP = CP + Profit

₹ 224 = x + 0.12 x

₹ 224 = 1.12 x

224 = 112x / 100

22400 = 112 x

x = 22400 / 112

x = ₹ 200

Hence,

Cost price of the article = ₹ x = ₹ 200

Answer 2

Answer:

200

Step-by-step explanation:

Selling price = Cost Price + Profit