Question

The trader get a profit of 20% after giving a discount of 20%.difference between marked price and original price is 350rs then find cost price.​

Answer 1

Answer:

RS. 8750

Step-by-step explanation:

Let the CP be x.

He get a profit of 20 percent.

20% of x

=20/100 X x

=x/5

So, x + x/5

=6x/5

Discount of 20%.

6x/5 X 20/100

=6x/25

6x/5 - 6x/25

=24x/25

Difference between marked price and original price is RS. 305.

So, x - 24x/25

=x/25

Therefore, x/25 = 305

=x = 305 x 25= RS. 8750