B) The cost price of an article was Rs 4000.Find the marked price of the
1 answer:
Answer:
Market price = Rs. 6,000
Step-by-step explanation:
Given:
Cost price = R.s 4,000
Profit after discount = 20%
Discount = 20%
Find:
Market price
Computation:
Sales price = Cost price[1+Profit after discount]
Sales price = 4,000[1+20%]
Sales price = 4,800
Market price = Sales price[100/(100 - Discount)]
Market price = 4,800[100/(100 - 20%)]
Market price = Rs. 6,000
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