Question

Rohit marks his goods at 40 percent above the cost price but allows a discount of 5% cash payment to his customer which what actual profit does he makes if the if he receives 1064 after allowing the discount

Answer 1

Let CP be x

Then MP = x+40x/100=14x/10

D%=5%

SP= (95/100)×14x/10

=1330x/1000

Given SP= 1064

1330x/1000=1064

1330x=1064×1000

X=800

P= 264

Hope it helps you
Please mark me as the brainliest