A shopkeeper marked the price of an article a certain percent above cp and he allowed 16% discount to make 5% profit. If a customer paid rs.9492 with 13% vat to buy article by what percent is MP above CP of article?

Let a certain percent be x%

Then,
S.P,=S.P+VAT%of s.p
=S.p+13÷100×s.p.
9492=(100s.p+13s.p)÷100
949200=113s.p
S.p.=Rs.8400
Again,
P%=(p÷c.p)×100%
5={(s.p.-c.p)÷c.p}×100 where (p=s.p-c.p)

5c.p.=840000-100c.p
105c.p.=840000
°:*c.p.=Rs.8000
Similarly,from Question
M.P=c.p.+x%ofc.p.
=8000+(x÷100)×8000
=8000+80x

Similarly,
S.P.=M.P.-d%of m.p.
8400=(8000+80x)-{16÷100(8000+80x)}

840000-67200=6720x
(168000÷6720)=x

#*x=25%

give full answer

A shopkeeper marked the price of an article a certain percent above the cost price and he allowed 16% discount to make 5% profit .if a customer paid rs 9492 with 13 vat to buy the article ,by what percent is the marked price above the cost price of the article ?

I want The answer

To find out the percentage that the marked price (MP) is above the cost price (CP) of the article, we need to follow these steps:

Step 1: Calculate the discounted selling price (SP):
Since the shopkeeper allowed a 16% discount, the selling price after the discount can be calculated as follows:
Discount = 16% of MP
SP = MP - Discount

Step 2: Calculate the cost price (CP):
We are given that the shopkeeper allowed a 5% profit after giving the discount. Therefore, the cost price can be calculated as follows:
Profit = 5% of CP
CP + Profit = SP

Step 3: Calculate the selling price after adding VAT:
We are given that the customer paid Rs. 9492 with a 13% VAT. Hence, the selling price after adding VAT can be calculated as follows:
Selling Price + VAT = Rs. 9492

Now, let's solve these equations step by step:

Step 1: Calculate the discounted selling price (SP):
Discount = 16% of MP
SP = MP - Discount

Step 2: Calculate the cost price (CP):
Profit = 5% of CP
CP + Profit = SP

Step 3: Calculate the selling price after adding VAT:
Selling Price + VAT = Rs. 9492

By solving these equations, we can determine the percentage that the marked price (MP) is above the cost price (CP) of the article.

A shopkeeper marked the price of an article a certain percent above cp and he allowed 16% discount to make 5% profit. If a customer paid rs.9492 with 13% vat to buy article by what percent is MP above CP of article?

Let a certain percent be x%

give full answer

A shopkeeper marked the price of an article a certain percent above the cost price and he allowed 16% discount to make 5% profit .if a customer paid rs 9492 with 13 vat to buy the article ,by what percent is the marked price above the cost price of the article ?

I want The answer

To find out the percentage that the marked price (MP) is above the cost price (CP) of the article, we need to follow these steps:

Not good

Good

To take solution

MP.84 = CP1.05

A shopkeeper marked the price of an article a certain percent above cp and he allowed 16% discount to make 5% profit. If a customer paid rs.9492 with 13% vat to buy article by what percent is MP above CP of article?

Let a certain percent be x%

give full answer

A shopkeeper marked the price of an article a certain percent above the cost price and he allowed 16% discount to make 5% profit .if a customer paid rs 9492 with 13 vat to buy the article ,by what percent is the marked price above the cost price of the article ?

I want The answer

To find out the percentage that the marked price (MP) is above the cost price (CP) of the article, we need to follow these steps:

Not good

Good

To take solution

MP*.84 = CP*1.05

MP.84 = CP1.05