Question

.the mp of an article is 30% above the cost price when it is sold at the discount percent of 20% there is gain of rs250. I.find the cp II.find the mp​

Answer 1

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Answer:

I. cp = rs6250

II. mp = rs8125

Explanation:

The marked price is ...

mp = cp(1 +30%) = 1.30cp

The selling price is ...

sp = mp(1 -20%) = 0.80mp

The gain is ...

profit = sp -cp = (0.80(1.30cp)) -cp = cp(0.80·1.30 -1) = 0.04cp

rs250 = 0.04cp . . . . . the gain is rs250

rs6250 = cp . . . . . . . . divide by 0.04

__

mp = 1.30cp = 1.30·(rs6250)

mp = rs8125