CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon


Question

A cycle merchant allows 20% discount on the marked price of the cycles and still makes a profit of 20%. If he gains Rs. 360 over the scale of one cycle and still makes a profit of 20%. If he gains Rs. 360 over the sale of one cycle, find the marked price of the cycle.


Solution

Rate of discount =20%
Profit =20%
Total gain = Rs. 360
Cost price =Rs.360×10020=Rs.1800
Selling price = C.P + Profit
= Rs. 1800 + Rs. 360 = Rs. 2160
and M.P =S.P×100100discount%
=2160×10010020=Rs.2160×10080=Rs.2700


Mathematics
RD Sharma
Standard VIII

Suggest Corrections
thumbs-up
 
2


similar_icon
Similar questions
View More


similar_icon
Same exercise questions
View More


similar_icon
People also searched for
View More



footer-image