Q. 13
A shopkeeper allows 23% commission in his advertised price and still makes a profit of 10%. If he gains Rs. 56 on one item, find his advertised price.
Answer :
Let advertised price be X
Commission is 23% on advertised price
Selling price = 
…(i)
Given profit = 56
Profit % = 10
C.P. = 560
Profit = S.P. – C.P. = 56
S.P. = 560+56
S.P. = 616/-
From equation (i)
X = 800/-
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PREVIOUSA cycle dealer offers a discount of 10% and still makes a profit of 26%. What is the actual cost to him of a cycle whose marked price is Rs. 840?NEXTA shopkeeper marked his goods at 40% above the cost price but allows a discount of 5% for cash payment to his customers. What actual profit does he make, if he receive Rs. 1064 after pating the discount?
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