profit and loss

mr.doshi instead of marking up the cost price by 10% discounted the cost price by 10% and prepared the price tag of a shirt. A discount of 5% is applicable to the list price. because of the mistake the company earned rs. 76 less per shirt. what is the cost price of the shirt

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  3. 👁 2,094
  1. 400

    1. 👍 2
    2. 👎 0
  2. Let CP be a
    So loss=5%=19/20
    So, 19/20 a= 76
    a=80
    Now,if 1%-----80
    Then 5%-----?
    Therefore 80*5=400
    I am not sure I just used my logic
    Is this method correct?

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    2. 👎 17

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