The cost price of a printer is Rs 3400 which is 15% below the marked price.If the article is sold at a discount of 10%.Find: (1) M.P. (2) S P. (3) Profit (4) Profit % ?
Answers
The cost price of printer=Rs.3400
The mark price of printer is more than 15% of CP
- Mark price
- Selling price
- Profit
- profit%
- The mark price be X
⟹Cost price=less 15% of Mark price
⟹3400=100-15/100×X
⟹3400=85/100×X
⟹3400=17/20×X
⟹X=200×20
⟹X=4000
If the article is sold at a discount of 10% so,
- Using formula here
⟹Selling price=100-10/100×4000
⟹Selling price=90/100×4000
⟹Selling price=3600
To find profit here
⟹Selling price=3600
⟹Cost price=3400
- so,
⟹Profit=Sp-Cp
⟹Profit=3600-3400
⟹Profit=200
Now, find P% here
⟹P%=P×100/CP
⟹P%=200*100/3400
⟹P%=200/34=100/17=5.8%
Solution :-
Given :-
→ CP = Rs.3400
→ Marked - Price = MP = 15% above CP .
→ Discount = 10% .
it is given That, CP is 15% below the MP & value of CP is Rs.3400 ..
So, we can say That,
→ (100 - 15%) of MP = CP
→ 85% of MP = 3400
→ MP = (3400 * 100) / 85
→ MP = Rs.4000 [ Ans. (1) ]
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Now, we have,
→ MP = 4000
→ D % = 10%
→ SP = MP * (100 - D%)/ 100
→ SP = (4000 * 90) / 100
→ SP = Rs.3600 [ Ans. (2) ]
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Now, we have ,
→ SP = Rs.3600
→ CP = Rs.3400
→ Profit = SP - CP
→ Profit = 3600 - 3400
→ Profit = Rs.200 [ Ans. (3) ]
_________________
Now, we have,
→ Profit = Rs.200
→ CP = Rs.3400 .
→ Profit % = (Profit in Rs.) * 100 / CP
→ Profit % = (200 * 100) / 3400
→ Profit % = (100/17) % ≈ 5.88 % [ Ans. (4) ]