Question

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

Answer 1

Solutions :-

Given :

Marked price = Rs 280
Discount = 20%
Profit = 12%

Find the Selling price :-

S.P = M.P - discount% of M.P
= 280 - 20% of 280
= 280 - 56
= 224

Find the cost price :-

C.P = (S.P × 100)/(100 + Profit)
= (224 × 100)/(100 + 12)
= 22400/112
= 200

Hence,
Cost Price = Rs 200

Answer 2

hey.

since SP = ₹280 - discount% of mp

= ₹280 - 20/100 *280

= ₹280 - 56

= ₹ 224

hence cp = ₹224*100 / (100+12)

= ₹224*100 / 112

= ₹200

hope it helps you!