What is the selling price of an article if the marked price is 800?

List price (marked price) of an article = Rs 800 Discount percentage = 15 \% Discount = 15 \% of 800 = 15/100 x 800 = Rs 120 Selling price of the article = List price – Discount = 800 – 120 = Rs 680 Profit = 40/3 \% Cost price = Selling price x (100) / (100 + g) = 680 x (100) / (100 + 40/3) = 680 x (300) / (340) = 600 The …

What is the marked price of an article when it is sold for Rs 880 after a discount of 12\%?

Rs.1000
Answer: The marked price of an article when it is sold for Rs. 880 after a discount of 12\% is Rs. 1000.

How do you calculate marked price from selling price?

What is the percentage of the discount? Answer: Given : Marked Price = Rs 1500, and Selling Price = Rs 1350. Amount of discount is = Marked Price – Selling Price. In other words we can say that = (1500 – 1350) = Rs 150.

On what is the discount on an article offered?

Discount on any article is offered on printed price. Discount on any article is offered on printed price.

When a discount of 12\% on the marked price of an article is allowed the article is sold for Rs 264 the marked price of the article is?

If the cost price of the article is Rs 264, calculate the marked price of that article. Ans: Rs 318.

Is marked price same as selling price?

Marked Price. Marked price also known as the list price is the price that a seller spells out to the purchaser while selling price is the price that the seller actually receives from the buyer after a bargain or making a deal. In general, the selling price is lower than the marked price.

What will be the cost price if the selling price is 224?

If the selling price is Rs 112, cost price = Rs 100. If the selling price is Rs 224, cost price = Rs (100/224) × 112 which is = Rs 200. Hence the answer is C) Rs 200.

What is the value of Rs (100/95) times 5225?

In other words we may also write: Rs. (100/95) × 5225 = Rs. 5,500. Example 4: A shopkeeper allows a discount of 10\% to his customers and still gains 20\%. Find the marked price of an article which costs Rs 450 to the shopkeeper. A) Rs. 800 B) Rs 400 C) Rs 600 D) Rs 379

What is the percentage of discount on the sale price?

Amount of discount is = Marked Price – Selling Price. In other words we can say that = (1500 – 1350) = Rs 150. Thus, the Percentage of discount = 10\% and the correct option is B) 10\%. Example 3: An almirah is sold at Rs 5,225 after allowing a discount of 5\%.

Why do traders mark their articles at a certain price?

As we saw earlier, traders are in the habit of marking their articles at a certain price above their costs. Then the discounts they offer are on this marked price, thereby they actually make sure that have already factored in the profit they want.