Question

The marked price of a radio is 2o%more than its cost price.The radio is sold to make the profit of 10%. If the profit is Rs.80, what is the marked price ?Find it .​

Answer 1

Step-by-step explanation:

Let CP = 100

Then, MP = 100 + 20% of 100 = 120

Now, SP = 120 - 10% of 120 = 108

Gain = 108 - 100 = 8

%Gain = $$\frac{{8 \times 100}}{{100}}$$ = 8%

Short-cut

100(CP) == 20%(up) ⇒ 120(MP) == 10%(disc.) ⇒ 108

% gain = 8%

I hope it helps

Answer 2

Answer:

The marked price of a radio is 20% more than its cost price. The radio is sold to make than profit of 10%. If the profit is rs 80, what is the marked price? Find it