Question

thr labelled price of a product is rs 750 . if is sold at a 20 % discount and the dealer earns a 25 % profit , what ts the cost price ?

Answer 1

profit = selling price - cost price

let cp is 100
then profit is 25
so sp is 125

similarly if sp is 125 then cp is 100
if sp is 1 then cp is 100/125
therefore if sp is 600 then cp=
$(600 \times 100) \div 125 = 480$

Answer 2

The cost price is Rs.480.

Step-by-step explanation:

Given : The labelled price of a product is rs 750. If is sold at a 20 % discount and the dealer earns a 25 % profit.

To find : What ts the cost price ?

Solution :

Market price = Rs.750

Discount%= 20%

So, Discount is given by

$D=D\%\times MP$

$D=20\%\times 750$

$D=\frac{20}{100}\times 750$

$D=150$

The discount is Rs.150.

The selling price is given by,

$SP=MP-D$

$SP=750-150$

$SP=Rs.600$

Selling price is Rs.600.

Now, the profit percentage is 25%

The cost price is given by,

$CP=\frac{100}{100+P\%}\times SP$

$CP=\frac{100}{100+25}\times 600$

$CP=\frac{100}{125}\times 600$

$CP=480$

Therefore, the cost price is Rs.480.

#Learn more

A book seller sold 400 copies of a book at a profit of 20 percent. if the cost price of a book is Rs 100 . find the selling price of the books

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