Discussion Forum : True Discount
Question -
A dealer offers a discount of 10% on the marked price of an article and still makes a profit of 20%. If its marked price is Rs.800, then the cost price of the article is :
Answer: Option A
Answer: (a)S.P. of that article= 800 × $90/100$ = Rs.720He still makes 20% profitC.P. of the article= 720 $×100/120$ = Rs.600Using Rule 6,If r% of profit or loss occur after giving D% discount on marked price, then$\text"MP"/\text"CP" = {100 ± r}/{100 - D}$(positive sign for profit and negative for loss)
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Answer: (a)S.P. of that article= 800 × $90/100$ = Rs.720He still makes 20% profitC.P. of the article= 720 $×100/120$ = Rs.600Using Rule 6,If r% of profit or loss occur after giving D% discount on marked price, then$\text"MP"/\text"CP" = {100 ± r}/{100 - D}$(positive sign for profit and negative for loss)
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