Math Problem Statement

A manufactured items is of cost of Rs 12500, sold at 10% profit. The supplier sold the same at a 5.5% profit to the shopkeeper. The shopkeeper marks it at Rs 2393.75 higher than his cost price and allowed at 10% discount to the customer. Find the profit earned by the shopkeeper?

Solution

Ask a new question for Free

By Image

Drop file here or Click Here to upload

Math Problem Analysis

Mathematical Concepts

Profit and Loss
Percentages
Discount

Formulas

Selling Price = Cost Price + (Profit Percentage × Cost Price)
Discounted Price = Marked Price - (Discount Percentage × Marked Price)
Profit = Selling Price - Cost Price

Theorems

-

Suitable Grade Level

Grades 8-10