Please step by step explain kar do
Answers
Answer:
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Step-by-step explanation:
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Answer:
According to given problem
1) A profit of 12 1/2 %. can be made on selling an
article priced at RS 450 at discount of 20%
2) If the article is sold at RS 368 ,let P denotes the profit
3) Let C,M and s denote respectively the cost price the market price and the sell price of the given article
✴️ From 1) and 3) we get following relations
• S = ( 1 + 12.5/100) * C = 1.125*c ......(1a)
• S = ( 1 - 20 / 100) *M = 0.80M ......(1b)
✴️From (1a) and (1b) we get,
• 1.125*C = 0.80*M = 0.80*450( therefore M =450)
•or c = 0.80*450/1.125=320(1c)
✴️From 2) and (1c) we get following relation
• P = s-c = 368 - 320=40(RS)
The answer is 40(RS)