Question

The cost price of a printer is Rs 3400 which is 15% below the marked price.If the article is sold at a discount of 10%.Find: (1) M.P. (2) S P. (3) Profit (4) Profit % ?

Answer 1

( 1) Marked price: Rs `4000`, (2) Selling price : Rs `3600`
(3) Profit : Rs `200` , (4)Profit % : `5.88%`

Explanation:

Let marked price is Rs `m` . The cost price is `c=` Rs `3400` ,

which is `15%` less than marked price `m`

By given condition `x * (100-15)/100=3400 or 0.85x=3400`

So `x= 3400/0.85 = Rs 4000 :.` Marked price is Rs `4000`

Selling price with `10%` discount is `s= m*(100-10)/100` or

`s= 4000* 0.9 =` Rs `3600 :.` Selling price is Rs`3600`

Profit `=` Selling price - cost price

Profit `p= s-c = 3600-3400=` Rs `200`

Profit is Rs `200`

Profit % `= p/c*100 =200/3400*100 ~~ 5.88% (2dp)`

Profit % is `5.88%`

[Ans]