Question

A) A shopkeeper marks the price of an article R's. 550 and gives the customer discount of 10℅.In this way, he gains Rs 75 on the article.How much percent will be the marked price be more than the cost price?
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Answer 1

Answer:

Marked Price =MP=550 Marked Price =MP=550

Selling Price=SP=550-10%=550-55=495Selling Price=SP=550-10%=550-55=495

The profit earned is , SP−Profit=CP(CostPrice)The profit earned is , SP−Profit=CP(CostPrice)

CP=495−75=420CP=495−75=420

The difference of MP and CP is 550−420=130The difference of MP and CP is 550−420=130

 The percentage of difference w.r.t CP is  The percentage of difference w.r.t CP is 

130420×100=30.95%

Step-by-step explanation:

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