1.

the CP of an article is 25% below the MP if the article is available at 15% discount and its CP is 24000 find its MP SP and the profit percent​

Answer»

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1) The market price is Rs.3200.

2) The selling price is Rs.2720.

3) The PROFIT% is 13.33%.

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Given : The CP of an article is 25% below the marked price. If the article is AVAILABLE at 15% discount and if its CP is Rs.2400.

To find :

1) Marked price 2) Selling price 3) Profit %

Solution :

1) Market price

Let marked price be Rs. x

Cost price = Rs.2400

Cost is 25% less than marked price.

i.e.

THEREFORE, The market price is Rs.3200.

2) Selling price

There is a discount of 15%.

The formula of selling price is

Therefore, The selling price is Rs.2720.

3) Profit%

Profit = Selling price - Cost price

Profit =Rs.2720-Rs.2400

Profit =Rs.320

The formula of profit% is

Therefore, The profit% is 13.33%

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