A shopkeeper gives 25% discount on an article and makes a profit of 10%. If the cost price of the article is Rs 300 then, what is the marked price?
Question
Solution 1
Step 1: First, we need to find the selling price of the article. Since the shopkeeper makes a profit of 10%, the selling price will be 110% of the cost price.
So, Selling Price = 110/100 * 300 = Rs 330
Step 2: Now, we know that the selling price is after a discount of 25% on the marked price. So, Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI
Similar Questions
An article costs Rs.600.What should be the marked price of an article so that after 10% discount,the trader makes 20% profit?Rs.800Rs.950Rs.1100Rs.1040
A merchant marks his goods at Rs. 600 and allows a discount of 25%. If he still gains 11.11%, then the cost price of the article is:
A shopkeeper sold an article for Rs. 2500. If the cost price of the article is 2000, find the profit percent.23%25%27%29%
A shopkeeper offers a discount of 10% on his articles. The marked price of the article is ₹450, thenthe selling price should be ___________.
A shopkeeper give 20% discount on a article and sold it with a profit of 25%. Find cost price in Rs. if selling price is 640rs?Options512602286426
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.