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Application of Profit and Loss in Everyday Life

The marked pr...

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The marked price of an article is3500 and rate of VAT 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. Marked price of an article is Rs.

2860

and rate of VAT is

8 %

. Shopkeeper allows a discount of

20 %

and still makes a profit of

10 %

4 %

as overheads, then find the original cost price of the article and final selling price including VAT.

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.

Q. An article is sold for Rs. 1500 including VAT @ of 12%. The shopkeeper earns a profit of 10% on the cost price. Find the cost price of the article.

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 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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Application of Profit and Loss in Everyday Life

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