Question

The Mp of coke is 20%more than its purchased price.if the coke was sold after 15%duscount,there will be gain of rs.40,find the M.p and Cp

Answer 1

let cp be x

mp= x+ (20% 0f x)= 1.2x

sp = mp -d%of mp= 1.2- 15% *1.2 =1.02x

profit = 40

sp-cp =40

1.02x-x=40

x=2000

cp =2000

mp= 1.2*2000=2400

Explanation: