Tina has a boutique and allows 4% discount on the marked price of her items and still earns a profit of 20%. what is the cost price of a salwar suit which is marked at 680
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Let m.p be'100'
discount =4%
s.p formula =100-discount/100× m.p
= 100-4%/100×100
=96/100×100
=96/-
thus,s.p = 96
profit=20%
c.p formula= 100/100+profit×s.p
=100/100+20×96
=100/120×96
=80/-
when m.p=100 then c.p =80
when m.p=1 then c.p =80/100
when m.p = 680 c.p = 80/100×680
=544/-
therefore , c.p required = 544/'
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