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

This is a question on discounts and profits.

The market price = Rupees 280

Let the cost price be C.

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

80/100 × 280 = 224 Rupees

This is the selling price.

This selling price gives a profit of 12%

The cost price C is thus given by :

100/112 × 224 = 200

= Rupees 200

Answer 2

Step-by-step explanation:

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