Sarita gives a discount of 15% on the sarees sold by her and still gets a profit of 131 %. What is the
cost price of a saree whose marked price is 3200?
Plz answer me fastly
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✬ C.P = Rs 2076.33 ✬
Step-by-step explanation:
Given:
- Sarita gives a discount of 15 % on sarees.
- After giving discount she still gets a profit of 131 %.
- Marked price of saree is Rs 3200.
To Find:
- What is the cost price of saree ?
Solution: Discount given on saree is 15% of marked price. Therefore,
➟ Total discount given = 15/100 × 3200
➟ Discount = 15 × 32 = Rs 480
Now, finding the S.P of saree
★ Marked price = S.P + Discount ★
➟ 3200 = S.P + 480
➟ 3200 – 480 = S.P
➟ Rs 2720 = S.P
Now we have
- S.P = 2720
- Profit % = 131 %
- C.P = ?
To find C.P when S.P & profit % are given we use the following formula
★ C.P = 100/(100 + Profit %) × S.P ★
C.P = 100/100 + 131 × 2720
100/131 × 2720
272000/131
2076.33
Hence, the cost price of sarees was Rs 2076.33
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