a shopkeeper offers discount 20% on all thecarticals at his shop and still makes profit of 12% what is the c.p of an articlecwhose marked price is rs 280
Share
a shopkeeper offers discount 20% on all thecarticals at his shop and still makes profit of 12% what is the c.p of an articlecwhose marked price is rs 280
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Answer:
Marked price= £280
Discount-- 20%
Discount cost -- 20×280/100 = £56
Selling price=marked price -discount =280-56= £224
S.P. =224
Profit%=12
C.P. =S.P. ×100/100+profit%
=224×100/112=200
Cost price=£200