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A ready-made garments shop in Delhi allo...

A ready-made garments shop in Delhi allows 20 percent discount on its garments and still makes a profit of 20 percent. Find the marked price of a dress which is bought by the shopkeeper for Rs 400.

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To solve the problem, we need to find the marked price of a dress that the shopkeeper bought for Rs 400, given that the shop allows a 20% discount and still makes a profit of 20%. Let's break this down step by step: ### Step 1: Calculate the Selling Price (SP) The profit percentage is given as 20%. We can use the formula for profit percentage: \[ \text{Profit Percentage} = \frac{\text{Selling Price} - \text{Cost Price}}{\text{Cost Price}} \times 100 \] Given that the Cost Price (CP) is Rs 400, we can set up the equation: \[ 20 = \frac{SP - 400}{400} \times 100 \] ### Step 2: Solve for Selling Price (SP) Rearranging the equation to find SP: \[ 20 = \frac{SP - 400}{400} \times 100 \] Dividing both sides by 100: \[ 0.2 = \frac{SP - 400}{400} \] Multiplying both sides by 400: \[ 80 = SP - 400 \] Adding 400 to both sides: \[ SP = 480 \] ### Step 3: Calculate the Marked Price (MP) Now, we know the Selling Price (SP) is Rs 480. The shop allows a 20% discount on the marked price. We can use the discount formula: \[ \text{Discount Percentage} = \frac{\text{Marked Price} - \text{Selling Price}}{\text{Marked Price}} \times 100 \] Setting up the equation with a discount of 20%: \[ 20 = \frac{MP - 480}{MP} \times 100 \] ### Step 4: Solve for Marked Price (MP) Rearranging the equation to find MP: \[ 20 = \frac{MP - 480}{MP} \times 100 \] Dividing both sides by 100: \[ 0.2 = \frac{MP - 480}{MP} \] Multiplying both sides by MP: \[ 0.2 \cdot MP = MP - 480 \] Rearranging gives: \[ MP - 0.2 \cdot MP = 480 \] Combining like terms: \[ 0.8 \cdot MP = 480 \] Dividing both sides by 0.8: \[ MP = \frac{480}{0.8} = 600 \] ### Conclusion The marked price of the dress is Rs 600. ---
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ICSE-PROFIT, LOSS AND DISCOUNT -EXERCISE 8 (D)
  1. A shopkeeper buys an article for Rs 450. He marks it at 20% above the ...

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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  18. Find the single discount ( as percent) equivalent to successive discou...

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  19. Find the single discount (as percent) equivalent to successive discoun...

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  20. Find the single discount (as percent) equivalent to successive discoun...

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