Answered

Westonci.ca is the best place to get answers to your questions, provided by a community of experienced and knowledgeable experts. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.


rohit marks his goods at 40% above the cost price but allows a discount of 5% on cash payment to his customers. What actual profit does he make if he recieves rs 1064 after allowing the discount?

Sagot :

Soham
Goods are marked 40% above cost price but 5% discount is given.
Therefore, total profit = (40 - 5)%
                               = 35%
  Let the cost price be 'x.'
So, (35% of x) + x = 1064
       ([tex] \frac{35}{100} [/tex]*x) + x = 1064
       [tex] \frac{7x}{20} [/tex] + x = 1064
        [tex] \frac{7x}{20} + \frac{20x}{20} [/tex] = 1064
        [tex] \frac{27x}{20} [/tex] = 1064
   Therefore:
                 27x = 1064*20
                 27x = 21,280
                    x = [tex] \frac{21280}{27} [/tex]
                    x = Rupees 788.14
Cost price is Rs. 788.14
     Profit = 35% of 788.14
        [tex] \frac{35}{100}*788.14 [/tex]
       Total profit = Rupees 275.849 

We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.