What price should a shopkeeper mark on his article which caused him rupees 2000 so as to gain 5% after allowing a discount of 25%?
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Home A shopkeeper marks his goods in such a way that after allowing a discount of 25% on the marked price, he still makes a profit of 50%. Find the ratio of the C.P to the M.P. Question Open in App Solution Let cost price (C.P) = Rs. 100 Profit =50% ∴ Selling Price (S.P) =C.P×(100+gain%)100=100×(100+50)100=100×150100=Rs.150 Rate of discount =25% ∴ Marked Price =S.P×100100−discount% =Rs.150×100100−25=Rs.150×10075 =Rs.200 Now Ratio between C.P and M.P =Rs. 100 : Rs. 200 = 1 : 2Suggest Corrections 22 Same exercise questions Q. Find the M.P if (i) S.P = Rs. 1222 and Discount =6% (ii) S.P = Rs. 495 and Discount =1% Q. A cycle dealer offers a discount of 10% and still makes a profit of 26%. What is the actual cost to him of a cycle whose market price is Rs. 840? Q. By selling a pair of earrings at a discount of 25% on the marked price, a jeweller makes a profit of 16%. If the profit is Rs. 48, what is the cost price? What is the marked price and the price at which the pair was eventually bought? Q. The list price of a table fan is Rs. 480 and it is available to a retailer at 25% discount. For how much should a retailer sell it to gain 15%? Q. Rohit buys an item at 25% discount on the marked price. He sells it for Rs. 660, making a profit of 10%. What is the marked price of the item? View More 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 rupees 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 himrs880so 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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