Question

Ramesh offers a discount of 10% on the market price of an article and still
makes a profit of 20%. If the market price is ? 1200, find its cost price:
(a) 900.00 (b) 1000.00 (c) 1200.00 (d) None of these​

Answer 1

Step-by-step explanation:

  M.P = Rs. 500 Discount = 10%

∴ S.P. = Rs.500-10% of Rs.500=90% of Rs.500=10090×Rs.500=Rs.450

Profit = 20% C.P.=Rs.(120450×100)=Rs.375

Answer 2

Answer:

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