Question

the cost price of crockery set was rupees 980 even after giveing a discount of 12.5% the shopkeeper makes a profit of 10% find market price​

Answer 1

Step-by-step explanation:

816.75 will the exact market price

Answer 2

Market price = Rs. 1232

Step-by-step explanation:

Given: The cost price of crockery set was rupees 980 even after giveing a discount of 12.5% the shopkeeper makes a profit of 10%.

Find: Market price​.

Solution:  

Cost price of crockery = Rs. 980.

Discount of 12.5%.

Profit of the shopkeeper = 10% = Rs. 98

So the price should be 980 + 98 = Rs. 1078 after the discount.

So Market price - (market price * discount / 100) = 1078

Market price * ( 1 - 12.5/100) = 1078

Market price * (100 - 12.5) /100 = 1078

Market price * (87.5) = 1078 * 100

Market price = 107800 / 87.5

Market price = Rs. 1232.