Question

Visakha offers a discount of 20% on all item in her shop and still makes a profit of 12% what is the cost price of an article marked at Rs 280

Answer 1

MP=280
Discount=20%×280
=20/100×280
=56.

SP=MP -Discount
=280-56
=224.
CP=. (100/100+Gain%)×SP
=(100/100+12)×224
=100/112×224
=200.

Answer 2

Vishakha offers a discount of 20% in all items

profit=12%

cost price of an article is marked=₹280

SP = 280-20% OF 280

=280-56

=224

CP=100+12=112

=224x100=22400

=22400/112

=₹200

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