1.

A shopkeeper sells an article at 10% discount on the marked price , which is 20% above the cost price.Find the profit he makes if he sells the ​

Answer»

Step-by-step explanation:

Answer on Question #43145-Math-Other

A shopkeeper sells an article at 10% discount on the marked price which is 20% above the cost price. Find

the PROFIT he MAKES if he sells an article for RS 10.80.

Solution

Selling price (S.P.) is S. P. = Rs 10.80.

Marked price is

M.P =

100 ∙ S. P.

100 − discount =

100 ∙ S. P.

100 − 10 =

S. P.

0.9

The marked price is 20% above the cost price:

M. P. = C. P.

100 + 20

100

→ C. P. =

M. P.

1.2

The profit is

Profit = S. P. −C. P. = S. P. −

S. P.

0.9 ∙ 1.2

= S. P. (1 −

1

0.9 ∙ 1.2

) = Rs 10.80 (1 −

1

0.9 ∙ 1.2

) = RS. 0.80.

Answer:RS.0.80



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