Question

vishakha offer a discount of 20% on all the items in her shops and still make a profit of 12% what is the cost price of an article market rupees 280

Answer 1

Answer:

The answer is 200 Rs.

Step-by-step explanation:

We know that

The market price = Rupees 280

Let "C" is the cost price.

If this is sold at a 20 % discount the selling price will be:

80/100 × 280 = 224 Rupees

The selling price is 224 rupees.

The profit on selling price is 12%

The cost price C is thus given by:

Cost price = 100/112 × 224 = 200

Thus the cost price is Rupees 200.