a shopkeeper buys a dinner set for Rs 1200 and marks it 80% above the cost price. If he gives 15% discount on it find :
I) the marked price
ii) the selling price
iii) the profit percentage
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a shopkeeper buys a dinner set for Rs 1200 and marks it 80% above the cost price. If he gives 15% discount on it find :
I) the marked price
ii) the selling price
iii) the profit percentage
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Cost Price=Rs.1200
Marked Price=1200+1200*80=1200+960=Rs 2160
Marked Price=Rs 2160
Selling Price=Rs2160-15%Marked Price=2160-324=Rs 1836
Profit=SP-CP=1836-1200=Rs 636
Profit%=636/1200*100=53%
Answer:2160 , 1836 , 53%
Step-by-step explanation:
1) MP=CP (1+80/100)
= 1200×180/100
MP= 2160
2)SP =MP (1 - D/100)
= 2160 (1-15/100)
2160×17/20
SP= 1836
3) PROFIT =SP-CP
PROFIT = 1836-1200
PROFIT = 636
PROFIT PERCENTAGE = (P/CP ×100)%
(636/1200×100)%
PROFIT PERCENTAGE IS 53%
MARK AS BRAINLIEST