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Q. A dealer marks a refrigerator 20% above the C.P. of Rs 8000 and allows a discount of 10%. Find the S.P and profit %.?
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Q. A dealer marks a refrigerator 20% above the C.P. of Rs 8000 and all...
Step 1: Calculate the Marked Price (M.P.)
To find the marked price, we first determine the 20% increase on the cost price (C.P.).
- C.P. = Rs 8000
- Marked Price (M.P.) = C.P. + (20% of C.P.)
M.P. = Rs 8000 + (20/100 × Rs 8000)
M.P. = Rs 8000 + Rs 1600
M.P. = Rs 9600
Step 2: Calculate the Selling Price (S.P.)
Next, we apply the 10% discount on the marked price to find the selling price.
- Discount = 10% of M.P.
Discount = (10/100 × Rs 9600)
Discount = Rs 960
- Selling Price (S.P.) = M.P. - Discount
S.P. = Rs 9600 - Rs 960
S.P. = Rs 8640
Step 3: Calculate Profit Percentage
To find the profit percentage, we first determine the profit earned.
- Profit = S.P. - C.P.
Profit = Rs 8640 - Rs 8000
Profit = Rs 640
Now, we calculate the profit percentage:
- Profit Percentage = (Profit / C.P.) × 100
Profit Percentage = (Rs 640 / Rs 8000) × 100
Profit Percentage = 8%
Final Summary
- Marked Price (M.P.): Rs 9600
- Selling Price (S.P.): Rs 8640
- Profit Percentage: 8%
This detailed breakdown provides a clear understanding of how to calculate the marked price, selling price, and profit percentage for the refrigerator.
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Q. A dealer marks a refrigerator 20% above the C.P. of Rs 8000 and allows a discount of 10%. Find the S.P and profit %.?
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Q. A dealer marks a refrigerator 20% above the C.P. of Rs 8000 and allows a discount of 10%. Find the S.P and profit %.? for Class 8 2024 is part of Class 8 preparation. The Question and answers have been prepared according to the Class 8 exam syllabus. Information about Q. A dealer marks a refrigerator 20% above the C.P. of Rs 8000 and allows a discount of 10%. Find the S.P and profit %.? covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Q. A dealer marks a refrigerator 20% above the C.P. of Rs 8000 and allows a discount of 10%. Find the S.P and profit %.?.
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