Question

solve this question when a discount of 15% is allowed on the Marked price of an article it is sold for rupees 2975? Calculate 1) its marked price 2) its cost price given that the Marked price is 40% above the cost price of the article 3) the profit in Rupees ,made by the sale of the article ​

Answer 1

Step-by-step explanation:

1).m.p=2975*(100-15)/100=2975*85/100=595*17/4=₹2528.75. 2). c.p =2528.75-40%of 2528.75=2528.75-1011.50=₹1517.25. 3). profit =2975-1517.25=₹1475.75.