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Question 25 Profit Loss Discount and Value Added Tax Exercise 13.2

A lady shopkeeper allows her customers 10% discount on the marked price ofthe goods and still gets a profit of 25%. What is the cost price of a fan for her marked at Rs. 1250?

Answer:

Given,

MP of the fan = Rs 1250

Profit = 25%

Discount = 10%

Discount allowed = 10/100 × 1250

= Rs 125

So, SP of the shoes = (1250 - 125) = Rs 1125

By using the formula,

CP = 100/(100 + gain%) × SP

= 100/(100 + 25) × 1125

= 100/125 × 1125

= Rs 900

∴ Cost price of the fan is Rs 900

"hello students i am rita your mass
leader tutor
and today's question is a lady
shopkeeper
allows her customers 10 percent discount
on the month price
of the goods and still gets a profit of
25
what is the cost price of a fan for her
marked at rupees 1250
so in this question mark price is given
to us
mark price is equal to rupees 1250
and the discount is given to us discount
is 10
so first of all we find the selling
price as we know
the selling price is equal to marked
price minus discount
so mark price is 1250
and discount is ten percent off marked
price
so zeros cancel out each other so
one thousand two fifty
one thousand two fifty minus one
twenty five we got 11 125
rupees so this is our sp 1125
now we got the sp sp is rupees
1100 and the profit is 25 percent
now we find the cp now we apply the
formula of cp
100 divided by 100 plus profit percent
into sp
now 100 divided by 100 plus profit it
means 100 plus 25
we got 125 into sp is one one
two five now 25 folds are in 25
so the cost price is equal to rupees
900 so this is our answer i hope you
like this video so please subscribe
video for more updates and do comment
your questions thank you
"

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