Question
Raman marks an item 25% above the cost price and 10% discount to customer. If Customer pays Rs 1980 for the item, what is it cost price of this For Raman?
Alternate Method: Let CP = 100 then MRP = 100+25 = 125 and then SP = 125 - 10% of 125 = 125 - 12.5 = 112.5 So now taking the ratio of CP & SP 100 / 112.5 = x/1980 or x = 1760 More Profit and loss Questions
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