A shopkeeper allows 20% discount on his goods and still earns a profit of 20%. If an article is sold for ₹360, find:
(i) the marked price
(ii) tine cost price.
Solution:
More Solutions:
- Mr Ghosh purchased wristwatches worth Rs.60000
- A laptop and a mobile phone were bought for ₹40000 and ₹24000
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- By selling an almirah for ₹3920, a shopkeeper would gain 12%
- By selling a bicycle at Rs.1334, a shopkeeper would suffer a loss
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- A shopkeeper sells a bag at a 12 percent profit
- Janki sold her leather purse at 8% loss