Question

The cost price of an article is 5000. If the Marked price is 6400 and
discount is 20%, find the profit % or loss % in the transaction.​

Answer 1

Step-by-step explanation:

let the marked price of A=Rs.x

Then marked price of B=Rs.(6000−x)

Sales tax on A= 8% of x=

100

8

×x=Rs.

25

2x

Sales tax on B=10% of Rs.(5000-x)=Rs.

10

6000−x

According to the question

⇒

25

2x

+

10

6000−x

=552

⇒

100

8x+60000−10x

=552

⇒60000−2x=55200

⇒2x=4800

⇒x=2400

∴ Marked Price of A=Rs.2400

Marked Price of B=6000−2400=Rs.3600

Answer 2

Step-by-step explanation:

6400×20/100

64×20=1280

6400-1280

5220

5220 - 5000

220 rupee profit