Question

SP of an article is rupees 4000 and sell it at 20% find net SP​

Answer 1

Rs. 3000

Detailed Solution

Given:

Marked price = Rs. 4000

Discount = 10%

Profit = 20%

Formula used:

SP = MP × [(100 – Discount%)/100]

CP = SP × [100/(100 + Gain%)]

Calculation:

SP = Rs. 4000 × (90/100)

⇒ Rs. 3600

CP = Rs. 3600 × (100/120)

⇒ Rs. 3000

∴ The cost price of article is Rs. 3000

Step-by-step explanation:

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