Advertisements
Advertisements
Question
After allowing a discount of \[7\frac{1}{2}\]% on the marked price, an article is sold for Rs 555. Find its markd price.
Advertisements
Solution
\[\text { Given }, \]
\[\text { SP of the article = Rs } . 555\]
\[\text { Discount = 7 . 5 % } \]
\[\text { Let the MP of the article be Rs } . x . \]
\[\text { Therefore, Discount } = \frac{\text { Discount } \times MP}{100} = Rs . \frac{7 . 5x}{100} = Rs . 0 . 075x\]
\[\text { Since SP = MP - Discount, }\]
\[555 = x - 0 . 075x\]
\[555 = 0 . 925x\]
\[x = \frac{555}{0 . 925}\]
\[ = Rs . 600\]
\[\text { Thus, the MP of the article is Rs } . 600 .\]
RELATED QUESTIONS
A student buys a pen for Rs 90 and sells it for Rs 100. Find his gain and gain percent.
A cycle dealer offers a discount of 10% and still makes a profit of 26%. What is the actual cost to him of a cycle whose marked price is Rs 840?
A shopkeeper marks his goods at 40% above the cost price but allows a discount of 5% for cash payment to his customers. What actual profit does he make, if he receives Rs 1064 after paying the discount?
A lady shopkeeper allows her customers 10% discount on the marked price of the goods and still gets a profit of 25%. What is the cost price of a fan for her marked at Rs 1250?
A store purchased pens at ₹ 216 per dozen. He paid ₹ 58 for conveyance and sold the pens at the discount of ₹ 2 per pen and made a overall profit of ₹ 50. Find the M.P. of each pen.
The cost price of 10 tables is equal to the sale price of 5 tables. The profit per cent in this transaction is ______.
A lady bought an air-conditioner for Rs 15,200 and spent Rs 300 and Rs 500 on its transportation and repair respectively. At what price should she sell it to make a gain of 15%?
A store is having a 25% discount sale. Sheela has a Rs 50 gift voucher and wants to use it to buy a board game marked for Rs 320. She is not sure how to calculate the concession she will get. The sales clerk has suggested two ways to calculate the amount payable.
- Method 1: Subtract Rs 50 from the price and take 25% off the resulting price.
- Method 2: Take 25% off the original price and then subtract Rs 50.
- Do you think both the methods will give the same result? If not, predict which method will be beneficial for her.
- For each method, calculate the amount Sheela would have to pay. Show your work.
- Which method do you think stores actually use? Why?
John sells a bat for ₹ 75 and suffers a loss of ₹ 8. The cost price of the bat is ______.
By selling a book for ₹ 50, a shopkeeper suffers a loss of 10%. The cost price of the book is ₹ 60.
