A shopkeeper buys an article for ₹400 and marks it for sale at a price that it may give him 80% profit on his cost. He however gives 15 % discount on the marked price to his customers.

Find

The marked price of an article

The discount in rupees to the customer

The actual profit made by the shopkeeper

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Solution

1) mark price = 400 + 80% of 400
= 400 + 320
=₹720

2)discount %=15%
15% of 720=(15/100)×720
=36×3
₹108
sp= 720-108 = ₹612

total profit = sp-cp
= 612-400=₹212

profit%= (212/400)×100
=53%

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1) mark price = 400 + 80% of 400 = 400 + 320 =₹720 2)discount %=15% 15% of 720=(15/100)×720 =36×3 ₹108 sp= 720-108 = ₹612 total profit = sp-cp = 612-400=₹212 profit%= (212/400)×100 =53%

1) mark price = 400 + 80% of 400
= 400 + 320
=₹720

2)discount %=15%
15% of 720=(15/100)×720
=36×3
₹108
sp= 720-108 = ₹612

total profit = sp-cp
= 612-400=₹212

profit%= (212/400)×100
=53%