remaining food last?
14. A shopkeeper offers his customers 10% discount and still makes a profit of 26%. What is the
cost price of an article marked at 280 ?
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- Item is marked at rs 280
- now shopkeeper gives 10% discount
so,
→ SP = 280-10%*280
→ 280-28 = 252 Rs.
- Now selling at this price he still gains 26% profit
so
→ CP + 26%*CP= SP
→ let cp be x
→ x+ 26/100*x = 252
→ 63x/50 = 252
→ x=252*50/63
→ x= 4*50
→ x=200 Rs.
Hence ,
- The cost price of article is 200 ₹
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