Question

Q13. A departmental store buys an article for ₹500 and marks it for sale at a price which
gives it 60% profit on the cost. However, he gives 15% discount on the marked price to
the customers. Then find
a) the M.P. of the article.
b) discount given to the customer
C)the actual profit % made by the shopkeeper.

Answer 1

Answer:

1.) The M.P of the article is $400

2.)Discount given to the customer $50

3.)The actual profit % made by the shopkeeper is60%