what price should a shopkeeper mark on an article costing him ® 2500 to gain 20% after allowing a discount of 10%
Answers
Rs800
Given gain percentage =20% and the CP of an article =Rs 600
Now, Gain =
100
600×20
=Rs 120
By using formula SP= gain +CP
SP=Rs 600+Rs 120=Rs 720
Suppose the MP=x
Since, he allow a discount =10%
As per question,
⇒x−10% of x=Rs 720
⇒x−
100
10×x
=720
⇒
100
90x
=720
⇒x=
90
720×100
=Rs 800
Hope it helps ❤️
Answer:
The price of the article is Rs.800.
Step-by-step explanation:
Given : A shopkeeper mark on an article which costs him Rs.600 to gain 20% after allowing a discount of 10%.
To find : What price should a shopkeeper mark on an article?
Solution :
CP= Rs.600
Gain = 20%
SP = \frac{G\%+100}{100}\times CPSP=
100
G%+100
×CP
SP = \frac{20+100}{100}\times 600SP=
100
20+100
×600
SP = 1.2\times 600SP=1.2×600
SP = Rs.720SP=Rs.720
Shopkeeper allows a discount of 10%
Let the price be x,
So, x-\frac{10x}{100}=720x−
100
10x
=720
\frac{9x}{10}=720
10
9x
=720
x=800x=800
Therefore, The price of the article is Rs.800.