Practicing Success
Piyush marks of the price of his article 30 percent more than its cost price. If he sells the article for Rs. 5720 after allowing a discount of 20 percent, then what will be the cost price of the article ? |
Rs. 5000 Rs. 5350 Rs. 5200 Rs. 5500 |
Rs. 5500 |
Piyush marks the price more than the cost price by = 30% Discount = 20% Selling price of the article = Rs. 5720 MP of the article = 5720 × \(\frac{100}{80}\) ∴ Cost price of the article = 5720 × \(\frac{100}{80}\) × \(\frac{100}{130}\) = Rs. 5500 |