Question

Rohit marks his goods at 40% above the cost price but allows a discount of 5% for cash payment to his customers what actual profit does he make if he recieve 1064₹ after allowing the discount and
EXPLAIN IT​

Answer 1

Answer:

If CP = 100,

MP = 140,

Disc = 5% of MP = 7,

SP = 140 - 7 = 133,

P = 133 - 100 = 33.

If actual SP = 1064,

P = 33/133 x 1064 = Rs 264

Answer 2

Answer:

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