Question

the cost price of school bag is 375 rupees which is 25%below the marked price. If the school bag is sold at a discount of 20%on the marked price,find marked price, selling price, profit percentage. ​

Answer 1

Answer:

1) The market price is Rs.3200.

2) The selling price is Rs.2720.

3) The profit% is 13.33%.

Step-by-step explanation:

Given : The CP of an article is 25% below the marked price. If the article is available at 15% discount and if its CP is Rs.2400.

To find :

1) Marked price 2) Selling price 3) Profit %

Solution :

1) Market price

Let marked price be Rs. x

Cost price = Rs.2400

Cost is 25% less than marked price.

i.e.

Therefore, The market price is Rs.3200.

2) Selling price

There is a discount of 15%.

The formula of selling price is

Therefore, The selling price is Rs.2720.

3) Profit%

Profit = Selling price - Cost price

Profit =Rs.2720-Rs.2400

Profit =Rs.320

The formula of profit% is

Therefore, The profit% is 13.33%.