Comments on: A shopkeeper marks his sarees at 20% above the cost price and allows the purchaser a discount of 10% for cash?

By: Rohn

Rohn — Wed, 13 Jan 2010 01:04:59 +0000

Let the original price be x
The mark up price is then x + 0.2x = 1.2x

Discount price is then 1.2x + 1.2x X 0.1

1.2x + 0.12x
1.32x

He make a profit of 1.32x – x = 0.32 = 32%

Rohn
References :

D.W. — Wed, 13 Jan 2010 00:41:59 +0000

c = cost price
marked price = 1.20c
marked price less discount = (0.90)(1.20)c
= 1.08c

8% profit.
References :

daSVgrouch — Tue, 12 Jan 2010 23:56:59 +0000

the result is 90% of 120% = 0.9 x 1.2 = 1.08 or 8% profit
References :