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Marked Price and Discounts

The Marked pr...

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The Marked price of an article is 3500 rupees and value added tax is 8%. A shopkeeper allows a discount of 20%and still makes a profit of 10%. Find the original cost price of the article and the selling price including VAT.

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Q. A shopkeeper allows a discount of 20% on the Marked price of an article at sells at rupees 896.
1) calculate the Marked price of an article.
2) by selling an article at a discounted price if he still gets 12% of his cost what was the cost price.
3) what would have been his profit percentage if you had sold the article at the marked price.

Question 71

The marked price of an article is Rs. 500. The shopkeeper gives a discount of 5% and still makes a profit of 25%. Find the cost price of the article.

Q. A shopkeeper marks an article at Rs. 60 and sells it at a discount of 15%. If he still makes 20% profit, then the cost price, in rupee, is

Q. A shopkeeper allows

8

% discount on his goods and still earns a profit of

15

%. If an article is sold for

R s .460

, find
(i) the marked price
(ii) the cost price.

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