Question

The marked price of a sari is ₹ 2000. The shopkeeper sells the saree at a discount of 10%, still earns a profit of 20%.

Answer 1

MP = 100/(100-D%) x SP

2000 = 100/90 x SP

SP = 180000/100

SP = 1800

Profit = 20%

120% of CP = 1800

120/100 x CP = 1800

CP = 180000/120

CP = 1500

Answer 2

Answer:

Actual price of saree is 1500

Step-by-step explanation:

Given : The marked price of a saree is ₹ 2000.

The shopkeeper sells the saree at a discount of 10%, still earns a profit of 20%.

To find : The actual price of saree

Solution :

Market price = 100/(100-Discount%) x selling price

$MP=\frac{100}{100-D}\times SP$

$2000=\frac{100}{100-10}\times SP$

$SP=\frac{2000\times9}{10}=1800$

Selling Price = 1800

Profit = 120%

Selling price = 120% of Cost price

$1800=\frac{120}{100}\times CP$

$CP= \frac{1800\times100}{120}$

$CP=1500$

Therefore, Actual price of saree is 1500.