6. An article marked at800 is sold at a discountof 10%. Find its cost

1.	6. An article marked at800 is sold at a discountof 10%. Find its cost price if the dealer makesa profit of 20%. Also find the profit per cent ifno discount had been allowed
Answer» Discount of 10% on marked price=80010%=80 Selling price=800-80=720 The dealer makes a profit of 20% means is selling the article at 120%. 120%=720 1%=6 Hence, 100%=600 Thus, the cost price of article= 600 If no discount allowed, Selling price will become 800 Profit= SP-CP= 800-600=200 Profit percent=(200/600)100=33.33% Therefore, the profit percent when no discount allowed=33.33% thanks

6. An article marked at800 is sold at a discountof 10%. Find its cost price if the dealer makesa profit of 20%. Also find the profit per cent ifno discount had been allowed

Answer»

Discount of 10% on marked price=800*10%=80

Selling price=800-80=720

The dealer makes a profit of 20% means is selling the article at 120%.

120%=720

1%=6

Hence, 100%=600

Thus, the cost price of article= 600

If no discount allowed,

Selling price will become 800

Profit= SP-CP= 800-600=200

Profit percent=(200/600)*100=33.33%

Therefore, the profit percent when no discount allowed=33.33%

thanks