Question

cost price of a torchlight is rs.1400 its mp is 40% more than cost price if the shopkeeper sells it at 20% discount what is marked price of the torch​

Answer 1

The marked price of the torchlight is Rs. 1960.

Explanation:

The marked price (MP) of a torchlight is 40% more than the cost price (CP), so we can calculate the MP using the formula:

MP = CP + (CP x 40%)

The cost price of the torchlight is Rs. 1400, so the marked price is:

MP = 1400 + (1400 x 40%) = 1400 + 560 = 1960

The shopkeeper is selling the torchlight at a 20% discount, so we can calculate the selling price (SP) using the formula:

SP = MP - (MP x 20%)

The marked price of the torchlight is Rs. 1960, so the selling price is:

SP = 1960 - (1960 x 20%) = 1960 - 392 = 1568

So the marked price of the torchlight is Rs. 1960.