The cost of an almirah is Rs 2000.A profit of 10% should be made after a discount of 20% .Find the marked price .(also explain the solution)
plssssss
.10Rs=Rs-(.80)(MP)
solution ??? how u did that ??but r definetely wrong ...the answer is Rs.2750 but I don't know the solution ..
try this one 1.10Rs=.80MP
should be \[2750\]
can u telll how u got the answer @ satelite73
you want to make at 10% profit, and 10% of 2000 is 200
you are going to offer a 20% discount, and after the discount you need to get 2200
so to find the price before the discount take \[2200\div.8=2750\]
@LILG why an extra 5% profit ??
to cover for the difference in price because you will be taking out 20% of the final price
but satellites way is much better then mine
Let x=retail price and y=marked price x=(1-.20)y-(.10x) 1.10x=.80y y=(1.10/.80)(2000) y=2750
in other words you need to solve "after a 20% reduction the price is 2200" which is the same as saying "80% of what number is 2200" or in math \[.80\times x =2200\] \[x=2200\div .8\]
2000 * 0.1 = 200 2000 + 200 = 2200 2200 = 0.8x (To find out how much the price will be to take out 20% discount and still have 10% profit value) 2200 / 0.8 = 0.8x / 0.8 2750 = x
thnks every1
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