Question

The market price of an article is rupees 840 A shopkeeper gives a discount of 15% on the Marked price and still makes a profit of 19 % what is the cost price of an article?
Rs 600
Rs 640
Rs 540
Rs 580​

Answer 1

Answer:

GIVEN :-

• Marked price of article = ₹840
• Discount = 15%
• Profit = 19%

TO FIND :-

CP

SOLUTION :-

At first,

He gave discount and had profit of 19%

So,

SP = 840 - 15/100 × 840

SP = 840 - 15/10 × 84

SP = 840 - 3/2 × 84

SP = 840 - 252/2

SP = 840 - 126

SP = 714

Now,

CP = SP × 100/100 + Profit%

CP = 714 × 100/100 + 19%

CP = 71400/119

CP = 600

Answer 2

Answer:

Cost Price of the article is Rs 600.

Explanation:

Given:

Marked Price = Rs 840.

Discount allowed = 15%

let's find the Selling Price with above data :-

$\sf Selling \ Price = Rs 840 - 15% of 840$

$\sf \implies SP = Rs 840 \dfrac{15}{100} \times 840$

→ SP = Rs 714

Now, the shopkeeper still made a profit of 19%. So, let's find the Cost Price of the article:-

$\sf Cost \ Price = \dfrac{714 \times 100}{100 + 19}$

$\sf \implies CP = \dfrac{71400}{119}$

→ CP = Rs 600