An Article is Marked at Rs. 2,250. by Selling It at a Discount of 12%, the Dealer Makes a Profit of 10%. Find : (I) the Selling Price of the Article. (Ii) the Cost Price of the Article for the Dealer. - Mathematics

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Sum

An article is marked at Rs. 2,250. By selling it at a discount of 12%, the dealer makes a profit of 10%. Find :
(i) the selling price of the article.
(ii) the cost price of the article for the dealer.

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Solution

(i) Marked price = Rs. 2,250

S.P.`=(2250(100-12))/100`

`=(2250xx88)/100`

= 45 × 44

= Rs. 1980

(ii) S.P. = Rs. 1980, Profit = 10%

∴ C.P. of the article =`100/110xx1980`

= 100 × 18
= Rs.1800

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Chapter 8: Profit, Loss and Discount - Exercise 8 (D) [Page 98]

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Selina Concise Mathematics Class 8 ICSE
Chapter 8 Profit, Loss and Discount
Exercise 8 (D) | Q 7 | Page 98

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