What price should a shopkeeper mark on his article which costs him Rs 2000 so as to gain 5% after allowing a discount of 25%?
Given, the cost price of an article = Rs. 600 Show
Also, the gain percentage = 20% And discount allowed = 10% We need to find out the marked price of the article. ⇒ Now, we know that gain = (gain%) x Cost price/100 Gain = (20 x 600)/100 = Rs. 120 ⇒Now, we know that Selling Price = Gain + Cost Price ∴ SP = 120 + 600 = Rs. 720 Let marked price = Rs.x Since, a discount of 10% is allowed. ⇒ x-10% of x = Rs. 720 Hence, the markets price on the article is Rs 800 Home Question 1 0 2 What price should a shopkeeper mark on an article that costs him Rs. 600 to gain 20 %, after allowing a discount of 10 % ? Open in App Solution The cost price of the article =Rs.600 Gain %=20% of CP ∴Gain=20×600100=Rs. 120∵SP=Gain+CP=Rs. 600+Rs. 120=Rs.720 Let marked price be Rs.x. Since, he allow a discount of 10%. According to the question, x−10%of x=Rs.720⇒x−10×x100=720⇒100x−10x100=720⇒90x100=720⇒x=720×10090⇒x=Rs.800 Hence, required marked price is Rs. 800.Suggest Corrections 5 Similar questions
Q. To gain 25% after allowing a discount of 10%, the shopkeeper must mark the price of the article which cost him Rs. 360 as (a) Rs 500 Q. A shopkeeper sells his goods at 10% discount on the marked price. What price should be marked on an article that costs him Rs. 900 to gain
10%? Q. To gain 25% after allowing a discount of 10%, the shopkeeper must mark the price of the article which costs him ₹360 as: What price should a shopkeeper mark on article that cost him rupees 2000 to gain 20% after allowing a discount of 20%?360. ∴ The price should a shopkeeper mark on a product is Rs. 360.
What price should a shopkeeper mark on his article which cost him 2000 so as to gain 5% after allowing a discount of 25%?Answer. Let shopkeeper mark a price P. With 25% discount, SP = 0.75xP. To get a profit of 5% on 2000, selling price should be (105/100)X2000 = 2100.
What price should a shopkeeper mark on an article costing him Rs 2500 to gain 20% after allowing a discount of 10%?Answer: The price of the article is Rs. 800.
What price should a shopkeeper mark on an article which costs him Rs 880 so as to gain 25% after allowing a discount of 12%?What price should a shopkeeper mark on an article which costs him Rs 880 so as to gain 25% after allowing a discount of 12% . ⇒ x = 1250 Rs. ∴ market price of the article is Rs. 1250.
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