rohit marks his goods 40% above cp andallows a discount of 5% what actul profit does he mke if he recieved rs 1064 after discount
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Let, CP of the goods be Rs. x.
Marked Price = Rs.{x + (40% of x)} = Rs. x + 2x/5 = Rs. 7x/5
Discount % = 5%
Discount = 5% of Rs. 7x/5 = Rs.7x/100
SP of goods = Rs 1064
As per question-
Rs. 1064 = Rs. (7x/5 - 7x/100)
= 1064 = (140x - 7x) / 100
= 106400 = 133x
= x = 106400 / 133 = Rs.800
Profit = SP - CP = Rs. (1064 - 800) = Rs. 264
Profit is =Rs. 264.
Marked Price = Rs.{x + (40% of x)} = Rs. x + 2x/5 = Rs. 7x/5
Discount % = 5%
Discount = 5% of Rs. 7x/5 = Rs.7x/100
SP of goods = Rs 1064
As per question-
Rs. 1064 = Rs. (7x/5 - 7x/100)
= 1064 = (140x - 7x) / 100
= 106400 = 133x
= x = 106400 / 133 = Rs.800
Profit = SP - CP = Rs. (1064 - 800) = Rs. 264
Profit is =Rs. 264.
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