Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If the shopkeeper keeps the marked price of an article to Rs. 2500 and says to give two successive discounts of 15% and 20%

If the shopkeeper keeps the marked price of an article to Rs. 2500 and says to give two successive discounts of 15% and 20% and still manages to earn a profit of 10%, find the cost price of the article? 1. Rs. 1525.45 2. Rs. 1545.45 3. Rs. 1595.65 4. Rs. 1625.45 Rs. 1725.45 5.

Step by Step Solution

3.33 Rating (165 Votes )

There are 3 Steps involved in it

Step: 1

Solution 2 Let the cost price be x Marked price ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Business Mathematics with Canadian Applications

Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs

11th edition

134141083, 978-0134141084

More Books

Students also viewed these Mathematics questions

Question

What is meant by a CUSIP number, and why is it important?

Answered: 1 week ago