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A shopkeeper buys an article for Rs 450....

A shopkeeper buys an article for Rs 450. He marks it at 20% above the cost price. Find :
the marked price of the article.

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To find the marked price of the article, we can follow these steps: ### Step 1: Identify the Cost Price (CP) The cost price of the article is given as Rs 450. ### Step 2: Calculate 20% of the Cost Price To find the marked price, we need to calculate 20% of the cost price. \[ \text{20% of CP} = \frac{20}{100} \times \text{CP} = \frac{20}{100} \times 450 \] ### Step 3: Simplify the Calculation Now, we can simplify the calculation: \[ \frac{20}{100} \times 450 = \frac{20 \times 450}{100} = \frac{9000}{100} = 90 \] ### Step 4: Calculate the Marked Price The marked price (MP) is the cost price plus the 20% calculated above. \[ \text{MP} = \text{CP} + \text{20% of CP} = 450 + 90 \] ### Step 5: Final Calculation Now, we can add the two amounts: \[ \text{MP} = 450 + 90 = 540 \] ### Conclusion The marked price of the article is Rs 540. ---
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ICSE-PROFIT, LOSS AND DISCOUNT -EXERCISE 8 (D)
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  2. A shopkeeper sells an article forRs 248.50 after allowing a discount ...

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  3. A shopkeeper buys an article for Rs 450. He marks it at 20% above the ...

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  4. A shopkeeper buys an article for Rs 450. He marks it at 20% above the ...

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  5. A shopkeeper buys an article for Rs 450. He marks it at 20% above the ...

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  6. The list price of an article is Rs 800 and is available at a discount ...

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  7. An article is marked at Rs 2.250. By selling it at a discount of 12%,...

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  8. An article is marked at Rs 2.250. By selling it at a discount of 12%,...

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  9. By selling an article at 20% discount, a shopkeeper gains 25%. If the ...

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  10. By selling an article at 20% discount, a shopkeeper gains 25%. If the ...

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  11. A shopkeeper marks his goods at 30 percent above the cost price and th...

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  12. A ready-made garments shop in Delhi allows 20 percent discount on its ...

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  13. At 12% discount, the selling price of a pen is Rs 13.20. Find its mark...

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  14. The cost price of an article is Rs 2,400 and it is marked at 25% abov...

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  15. Thirty articles are bought at Rs 450 each. If one-third of these artic...

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  16. The cost price of an article is 25% below the marked price. If the art...

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  17. The cost price of an article is 25% below the marked price. If the art...

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  18. The cost price of an article is 25% below the marked price. If the art...

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  19. Find a single discount (as percent) equivalent to following successive...

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  20. Find a single discount (as percent) equivalent to following successive...

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