Priya offers 4.8% discount on the marked price of a toy car and gives 1 toy car free on buying all the 16 toy
cars and thus gains 40%. The marked price of the toy car is above the cost price by:
Answers
Given : Priya offers 4.8% discount on the marked price of a toy car and gives 1 toy car free on buying all the 16 toy cars and thus gains 40%.
To Find : The marked price of the toy car is above the cost price by:
Solution:
Let say Cost Price =1000C
and Marked price = 1000M
Priya offers 4.8% discount on the marked price
=> SP = 1000M - (4.8/100)1000M
=> SP = 952M
Sale price of 16 = 16 * 952M
gives 1 toy car free on buying all the 16 toy cars
=> Total CP = 17 * 1000C = 17000C
gains 40%.
=> SP = 17000C + (40/100) * 17000C
= 17000C + 6800C
= 23800C
16 * 952M = 23800C
=> M =1.5625C
=> M = C + 0.5625C
=> M = C + (56.25 % of C)
The marked price of the toy car is above the cost price by: 56.25 %
Learn More:
cp 110 MP 120 Loss 10 then find discount and sp - Brainly.in
brainly.in/question/13625569
The mp of an article is 30% higher than its cp and 20% discount is ...
brainly.in/question/8699329
MP of an article is 20% above its CP.It is sold for Rs110 at 10% profit ...
brainly.in/question/7316320
Solution :-
Let marked price of toy car is Rs.100x .
→ D1 = 4.8%
→ D2 = 1 toy car free on buying 16 toy cars = (1 * 100)/17 = (100/17) = (1/17)
so,
→ SP = MP * (100 - D1)/100 * (100 - D2)/100
→ SP = (100x * 95.2 * 16)/100 * 17
→ SP = Rs 89.6x .
now,
→ SP = Rs. 89.6x
→ gain = 40% .
then,
→ CP = (SP * 100)/(100 + gain%) = (89.6x * 100)/140 = Rs.64x .
therefore,
→ MP - CP = 100x - 64x = Rs. 32x
hence,
→ Required % = (32x * 100) / 100x = 32% (Ans.)
Learn more :-
Christina purchased some articles for $2400. She sold two-third of the articles purchased at 10% loss. Find the profit p...
https://brainly.in/question/39275446
A person sells his table at a profit of 12.5% and his chair at a loss of 8.33% but on the whole he changed rs 12 on the ...
https://brainly.in/question/38842080