Advertisements
Advertisements
Question
A dealer marks his goods 45% above the cost price and then allows 20% discount on it. What is the cost price of an article on which he gains Rs.960?
Advertisements
Solution
Let the C.P. be Rs.100
So, M.P. = C.P. + 45% odf C.P.
= `100 + (45/100 xx 100)`
= Rs.145
Discount
= 20% on M.P.
= `(20)/(100) xx 145`
= Rs.29
So, S.P. of the goods
= M.P. - Discount
= Rs.145 - Rs.29
= Rs.116
Profit
= S.P. - C.P.
= Rs.116 - Rs.100
= Rs.16
When the S.P. is Rs.116, the profit is Rs.16
So, when the gain is Rs.960,
the S.P. = `(116 xx 960)/(16)`
= Rs.6960
C.P. = S.P. - Profit
= Rs.6960 - Rs.960
= Rs.6000
Hence, the cost price of and article on which he gain Rs.960 is Rs.6000.
APPEARS IN
RELATED QUESTIONS
Find the M.P. if S.P. = Rs 1222 and Discount = 6%.
A shopkeeper decides to sell a certain item at a certain price. He tags the price on the item by increasing the decided price by 25%. While selling the item, he offers 20% discount. Find how many more or less percent he gets on the decided price.
A shopkeeper sells his goods at 80% of their cost price. Find the percent gain or losses?
Find the S.P. in the following :
M.P. = Rs.5500, Discount = 30%
Find the M.P. in the following :
S.P. = Rs.5343, Discount = 22%
Find the discount percentage in the folllowing :
M.P. = Rs.6840, S.P. = Rs.5814
A shopkeeper allows 20% discount on his article. What price must be mark on an article, which costs him Rs.1750, to make a profit 20%?
If marked price of an article is Rs 1,200 and the discount is 12% then the selling price of the article is ______.
Discount is a reduction given on cost price of an article.
Store A and Store B both charge Rs 750 for a video game. This week the video game is on sale for Rs 600 at Store B and for 25% off at Store A. At which store is the game less expensive?
