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13. Profit, Loss, Discount and Value Added Tax (VAT)
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Q10 of 70 Page 13

A tradesman marks his goods at such a price that after allowing a discount of 15%, he makes a profit of 20%. What is the marked price of an article whose cost price is Rs. 170?

Given,


C.P. of the article = 170 Rs.


Profit = 20%





S.P. = 204


And discount = 15%



= M.P. – S.P.


S.P. = M.P.


M.P. = = 240


M.P. = 240/-


More from this chapter

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8

A shopkeeper allows his customers 10% off on the marked price of goods and still gets a profit of 25%. What is the actual cost to him of an article marked Rs. 250?

9

A shopkeeper allows 20% off on the marked price of goods and still gets a profit of 25%. What is the actual cost to him of an article marked Rs. 500?

11

A shopkeeper marks his goods in such a way that after allowing a discount of 25% on the marked price, he still makes a profit of 50%. Find the ratio of the C.P. to the M.P.

12

A cycle dealer offers a discount of 10% and still makes a profit of 26%. What is the actual cost to him of a cycle whose marked price is Rs. 840?

Questions · 70
13. Profit, Loss, Discount and Value Added Tax (VAT)
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