A shopkeeper marks the price of cold cream at ₹ 80. After allowing a discount of 10% he still gains 20% on the cost price. Find the cost price.

₹ 65

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₹ 70

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₹ 60

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₹ 75

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Solution

The correct option is C
₹ 60

If a discount of 10% is given on the MP of ₹ 80 , Then SP = ₹ 72

If SP = ₹ 72

Let CP be ₹ $x$

$x$ + $\frac{20 x}{100}$ = 72

120 $x$ = 7200

$x$ = $\frac{7200}{120}$ = ₹ 60

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A shopkeeper marks the price of cold cream at ₹ 160. Find the cost price if after allowing a discount of 10% he still makes a profit of 20%.

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A shopkeeper allows a discount of 10% to his customers and still gains 20%. Find the marked price of an article which costs ₹450 to the shopkeeper.

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