1.

A shopkeeper offers 10% off season discount to the customers and still makes a profit of 26% what is the cost price for the shopkeeper of a pair of shoes marked at rupees 1120

Answer»

Given,

D% = 10% on MP

P% = 26%

MP = RS 1120


Now,

SP = MP-MP*D%/100

SP = 1120 - (1120*10)/100

SP = 1120 - 112

SP = Rs. 1008


And, P% = 26%

CP = SP*100/(100+26)

CP = 1008*100/126

CP = Rs. 800


Is that the right answer?



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