Question

Rema and Kriti run a ready-made garment shop. They marked the garments at such a price that even after giving a discount of 12.5% they make a profit of 10 % . Find the marked price of a suit which cost them 2940.

Answer 1

cost price of a garment is 2940 ₹

the mark price of a garment =cost price+ +discount % + profit%
= 2940 + 12.5% +10%
=2940 +22.5%
=2940+(22.5/100)×2940
=2940+ 661.5
= 3601.5₹




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Answer 2

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Here is your answer
CP = Rs 2940
Profit = 10%

AS we know the formula
SP = CP(100+profit%)/100
$= \frac{2940(100 + 10)}{100} \\ = \frac{2940 \times 110}{100} \\ = 294 \times 11 \\ = 3234$
Now SP = Rs 3234
Discount%. = 12.5%

As we know the formula
MP = SP ×100/(100- Discount%)
$= \frac{3232 \times 100}{(100 - 12.5)} \\ = \frac{323400}{87.5} \\ = 3696$
Therefore
Marked Price of the suit is Rs 3696

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