Question

shopkeeper allows 8% discount on this goods and still earns a profit of 15 percent .if the article is sold fir rs 460 finds its mp and cp

Answer 1

mp is 500 & cp is 400........

Answer 2

Let cost price of goods  =  x 

And given : Shopkeeper earns a profit of 15% . If an articles sold for Rs.460 , So

x  + 15 % of x  =  460

⇒x + 15 x100 = 460⇒x + 3 x20 = 460⇒23 x20 = 460⇒x= 460 ×2023⇒x= 20 ×20⇒x=400
Therefore,

Cost price of goods  = Rs . 400                                                             ( Ans )