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
Question
Solution 1
First, let's calculate the cost price of the article which is Rs. 600.
The trader wants to make a 20% profit on this. So, the selling price of the article should be:
Selling Price = Cost Price + Profit Selling Price = Rs. 600 + 20% of Rs. 600 Selling Price = Rs. 600 + Rs. 120 Selling Price = Rs. 7 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
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 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?
A shopkeeper offers a discount of 10% on his articles. The marked price of the article is ₹450, thenthe selling price should be ___________.
The marked price of an article is 45% more than its cost price. If a discount of 20% is given, then what is the profit percentage?
The list price of an article is Rs.65. A customer pays Rs.56.16 for it. He was given two successive discounts, one of them being 10%. The other discount is?
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.