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?

  1. 👍
  2. 👎
  3. 👁
  1. MP*.84 = CP*1.05
    MP/CP = 1.05/0.84 = 1.25

    so, the original markup was 25%

    1. 👍
    2. 👎
  2. give full answer

    1. 👍
    2. 👎
  3. To take solution

    1. 👍
    2. 👎
  4. 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 ?

    1. 👍
    2. 👎
  5. Not good

    1. 👍
    2. 👎
  6. I want The answer

    1. 👍
    2. 👎
  7. Good

    1. 👍
    2. 👎
  8. Let a certain percent be x%
    S.P,=S.P+VAT%of s.p
    5={(s.p.-c.p)÷c.p}×100 where (p=s.p-c.p)

    Similarly,from Question

    S.P.=M.P.-d%of m.p.



    1. 👍
    2. 👎

Respond to this Question

First Name

Your Response

Similar Questions

  1. math

    A shopkeeper bought an article for rs 360. The profit made by the shopkeeper after selling it after 11×1/9% discount is rs 40. Find the marked price (in rs)of the article.

  2. math

    A shopkeeper marks up price of his product by 40%.if he increases the discount from 5 to 10 %,the product would decreases by much profit would he earn,if he gives a discount of 20% as marked price?

  3. maths

    1. a man sells a tv for rupees 3450and makes a profit of 15% . he sells a second tv set at a loss of 10%.if on the whole he neither gains nor loses , find the cost price of the second tv. 2.a man sells two tables at the same

  4. Math

    A wooden duck with a regular selling price of $125.99 is marked down to $79.99. The percent of markdown is: Answer: 36.51% What is the formula? How to solve this?

  1. math

    cost price of article a is 100 more than cost price of article b. article a was sold at 40% profit and article b at 40% loss.if overall profit earned after selling both the articles is 5%,then what is cost price of article b? 1)

  2. Business math

    A store had 896 swimsuits that were marked to sell at $46.99. Each suit was marked down $15.90. Find the reduced price using the formula M = S – N, where M is the markdown, S is the original selling price, and N is the reduced

  3. finance

    the corner grocer has a 7-year, 6 percent annual coupon bond outstanding with a $1,000 par value. the bond has a yield to maturity of 5.5 percent. Which one of the following statements is correct if the market yield suddenly

  4. math

    The cost price of a Jean is Rs. 200 and marked price is 50% more than the cost price. But the shopkeeper sold it at 25 % discount. Find the marked price. Find the discounted price.

  1. Math

    On September 1, a dress was priced at $90. On October 1, the price was reduced by 20%. On November 1, the price was further reduced by 25% of the October 1 price and marked FINAL. What percent of the original price was the FINAL

  2. math

    A shopkeeper allows a discount of 10% on the marked price of a commodity which he bought at 540rs.Had he sold at marked price,he would have made a profit of 210rs.what is present sp of a commodity? ans(675rs)

  3. Maths

    A shopkeeper buys an article whose printed is rs 4000 from a wholesaler at a discount of 20% . the rate of sales tax under vat on the article is 8%.

  4. maths

    How much money is saved by buying an article priced at $80 with a 40% discount,rather than buying an article marked at $90 with discounts of 35% and 10% ? A. $ 4.65 B. $1.50 C. $10.50 D. $3.15 E. $4.25 not just answer

You can view more similar questions or ask a new question.