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13. Profit, Loss, Discount and Value Added Tax (VAT)
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Q23 of 70 Page 13

Jasmine allows 4% discount on the marked price of her goods and still earns a profit of 20%. What is the cost price of a shirt for her marked at Rs. 850?

Given,


MP of the shirt = Rs. 850


Discount = 4 %


Discount allowed =


So,


Selling price of shirt = Rs.(850 – 34) = Rs.816


Profit earned by Jasmine = 20%


CP =


Cost price of shirt = Rs.680


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21

Jyoti and Meena run a ready-made garment shop. They mark the garments at such a price that even after allowing a discount of 12.5%, they make a profit of 10%. Find the marked price of a suit which costs them Rs. 1470.

22

What price should Aslam mark on a pair of shoes which costs him Rs. 1200 so as to gain 12% after allowing a discount of 16%?

24

A shopkeeper offers 10% off-season discount to the customers and still makes a profit of 26%. What is the cost price for the shopkeeper on a pair of shoes marked at Rs. 1120?

25

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