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The cost price of an article is 600 rupe, which is 25% below price of the article is sold at a discount of 15% find:
i )The marked price
ii) The Selling price
iii) The profit percentage?
i )The marked price
ii) The Selling price
iii) The profit percentage?
Most Upvoted Answer
The cost price of an article is 600 rupe, which is 25% below price of ...
Cost Price
- The cost price (CP) of the article is 600 rupees.
Finding the Marked Price
- Given that the cost price is 25% below the marked price (MP), we can express this relationship as:
- CP = MP - (25% of MP)
- This means CP = 0.75 * MP.
- Rearranging gives us:
- MP = CP / 0.75
- MP = 600 / 0.75
- MP = 800 rupees.
Finding the Selling Price
- The article is sold at a discount of 15% on the marked price.
- To find the selling price (SP), we can calculate:
- Discount = 15% of MP = 0.15 * 800 = 120 rupees.
- Thus, the selling price is:
- SP = MP - Discount
- SP = 800 - 120 = 680 rupees.
Finding the Profit Percentage
- Profit can be calculated as:
- Profit = Selling Price - Cost Price
- Profit = 680 - 600 = 80 rupees.
- The profit percentage can be calculated using the formula:
- Profit Percentage = (Profit / Cost Price) * 100
- Profit Percentage = (80 / 600) * 100 = 13.33%.
Summary
- Marked Price: 800 rupees
- Selling Price: 680 rupees
- Profit Percentage: 13.33%
This clear breakdown helps in understanding the pricing dynamics of the article.
- The cost price (CP) of the article is 600 rupees.
Finding the Marked Price
- Given that the cost price is 25% below the marked price (MP), we can express this relationship as:
- CP = MP - (25% of MP)
- This means CP = 0.75 * MP.
- Rearranging gives us:
- MP = CP / 0.75
- MP = 600 / 0.75
- MP = 800 rupees.
Finding the Selling Price
- The article is sold at a discount of 15% on the marked price.
- To find the selling price (SP), we can calculate:
- Discount = 15% of MP = 0.15 * 800 = 120 rupees.
- Thus, the selling price is:
- SP = MP - Discount
- SP = 800 - 120 = 680 rupees.
Finding the Profit Percentage
- Profit can be calculated as:
- Profit = Selling Price - Cost Price
- Profit = 680 - 600 = 80 rupees.
- The profit percentage can be calculated using the formula:
- Profit Percentage = (Profit / Cost Price) * 100
- Profit Percentage = (80 / 600) * 100 = 13.33%.
Summary
- Marked Price: 800 rupees
- Selling Price: 680 rupees
- Profit Percentage: 13.33%
This clear breakdown helps in understanding the pricing dynamics of the article.
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The cost price of an article is 600 rupe, which is 25% below price of the article is sold at a discount of 15% find:i )The marked priceii) The Selling priceiii) The profit percentage?
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The cost price of an article is 600 rupe, which is 25% below price of the article is sold at a discount of 15% find:i )The marked priceii) The Selling priceiii) The profit percentage? 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 The cost price of an article is 600 rupe, which is 25% below price of the article is sold at a discount of 15% find:i )The marked priceii) The Selling priceiii) The profit percentage? covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The cost price of an article is 600 rupe, which is 25% below price of the article is sold at a discount of 15% find:i )The marked priceii) The Selling priceiii) The profit percentage?.
The cost price of an article is 600 rupe, which is 25% below price of the article is sold at a discount of 15% find:i )The marked priceii) The Selling priceiii) The profit percentage? 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 The cost price of an article is 600 rupe, which is 25% below price of the article is sold at a discount of 15% find:i )The marked priceii) The Selling priceiii) The profit percentage? covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The cost price of an article is 600 rupe, which is 25% below price of the article is sold at a discount of 15% find:i )The marked priceii) The Selling priceiii) The profit percentage?.
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