Q. 234.8( 5 Votes )

Jasmine allows 4% discount on the marked price of her goods and still earns a profit of 20%. What is the cost price of a shirt for her marked at Rs. 850?

Answer :

Given,


MP of the shirt = Rs. 850


Discount = 4 %


Discount allowed =


So,


Selling price of shirt = Rs.(850 – 34) = Rs.816


Profit earned by Jasmine = 20%


CP =


Cost price of shirt = Rs.680


Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Related Videos
Quiz on Profit, Loss and DiscountQuiz on Profit, Loss and DiscountQuiz on Profit, Loss and Discount23 mins
NCERT | Profit and LossNCERT | Profit and LossNCERT | Profit and Loss41 mins
NCERT | Solving NCERT Questions on Profit and LossNCERT | Solving NCERT Questions on Profit and LossNCERT | Solving NCERT Questions on Profit and Loss48 mins
Genius  Quiz | Only Profit no Loss.Genius  Quiz | Only Profit no Loss.Genius Quiz | Only Profit no Loss.33 mins
Deciding business future with Profit and LossDeciding business future with Profit and LossDeciding business future with Profit and Loss50 mins
Only Profit no LossOnly Profit no LossOnly Profit no Loss42 mins
Profit , Loss & DiscountsProfit , Loss & DiscountsProfit , Loss & Discounts35 mins
Profit and Loss was Never so EasyProfit and Loss was Never so EasyProfit and Loss was Never so Easy41 mins
Quiz | Taxes, Discount and CIQuiz | Taxes, Discount and CIQuiz | Taxes, Discount and CI45 mins
Taxes, Discount and Compound InterestTaxes, Discount and Compound InterestTaxes, Discount and Compound Interest34 mins
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
caricature
view all courses