Question

The cost price of a computer set is RS. 24000. What price
should it be marked to make a profit of 20% after allowing
a discount of 10%.

Answer 1

CP = ₹ 24000

Profit = 20%

Discount = 10%

First we will calculate SP by discount

SP = CP ( 1 - Discount/100)

SP = 24000 ( 1 - 10/100)

SP = 24000 ( 1 - 0.1 )

SP = 24000 ( 0.9 )

SP = ₹ 21600

Now we will add the profit.

Final SP = SP ( 1 + Profit/100)

Final SP = 21600 ( 1 + 20/100)

Final SP = 21600 ( 1 + 0.2)

Final SP = 21600 × 1.2

Final SP = ₹ 25920