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S PRohit marks his goods at 40% above the cost price but allows a discount of 5%cash payment to his customers. What actual profit does he make, if he rece1,064 after allowing the discount? |
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AnswerΒ» Markup Price = MP CP cost price SP = sale Price Total Cost of buying = n * CP, if n items are in the shop.Total Sales amount = n * SP , n items are sold MP = 1.40 CPSP = 0.95 MP = 1.4 * 0.95 CPTotal sales amount = n SP = 1.4 * 0.95 * n * CP = 1.4 * 0.95 * Total Cost => 1064 = Total Cost * 1.4 * 0.95 Total cost = Rs 800 Profit = 1064 - 800 = Rs 264 profit =264 ok bro πππππππππππππππππ |
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