Question

A shopkeeper marks his goods at such a price that would give him a profit of 10% after allowing a discount of 12%. If an article is marked Rs. 2250, find its: (1) Cost price

• A. 1800
• B. 1600
• C. 1700
• D. 1750

Answer 1

The correct option is A 1800

profit$\%=10\%$

discount$\%=12\%$

Marked price(M.P)$=Rs2250$

Selling Price(S.P$)=$$2250\ast \left(\frac{100-12}{100}\right)$

$=Rs1980$

$S.P=\frac{110}{100}\ast C.P$

C.P$=$$1980\ast \frac{100}{110}$

$=Rs1800$

Hence the answer matches with the option (a).