English

A Shop-keeper Buys an Article for Rs.450. He Marks It at 20% Above the Cost Price. Find : (I) the Marked Price of the Article. (Ii) the Selling Price, If He Sells the Articles at 10 per

Advertisements
Advertisements

Question

A shop-keeper buys an article for Rs.450. He marks it at 20% above the cost price. Find :
(i) the marked price of the article.
(ii) the selling price, if he sells the articles at 10 percent discount.
(iii) the percentage discount given by him, if he sells the article for Rs.496.80

Sum
Advertisements

Solution

C.P. of the article = Rs.450

(i) The marked price of the article

`=(100+20)/100xx"Rs."450`

= Rs.`120/100xx450` = 12 × 45 = Rs.540

∴ Marked price of the article = Rs.540

(ii) Discount `=10/100xx"M.P."`

`=10/100xx"Rs."540`

= Rs.54

S.P. = M.P. − Discount

= Rs.540 − Rs.54

= Rs.486

(iii) S.P. = Rs.496.80

M.P. = Rs.540

Discount = M.P. − S.P.

= Rs.540 − Rs.496.80

= Rs.43.20

Discount% =`"Discount"/"M.P."xx100`

`=43.20/540xx100`

`=4320/540%`

= 8%

shaalaa.com
  Is there an error in this question or solution?
Chapter 8: Profit, Loss and Discount - Exercise 8 (D) [Page 98]

APPEARS IN

Selina Concise Mathematics [English] Class 8 ICSE
Chapter 8 Profit, Loss and Discount
Exercise 8 (D) | Q 5 | Page 98
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×