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Question
a trader sold an article for Rs 714/-after allowing 
discount of 15%.If not allowed discount he would have make 
20%profit. If so what will be thwe cost price of the article
 Question Submitted By :: Satyaki_raju@yahoo.com
I also faced this Question!!     Rank Answer Posted By  
 
  Re: a trader sold an article for Rs 714/-after allowing discount of 15%.If not allowed discount he would have make 20%profit. If so what will be thwe cost price of the article
Answer
# 1
The cost price of the article will be Rs 700/-
 
Is This Answer Correct ?    3 Yes 2 No
Satyaki_raju@yahoo.com
[Taxtime]
 
  Re: a trader sold an article for Rs 714/-after allowing discount of 15%.If not allowed discount he would have make 20%profit. If so what will be thwe cost price of the article
Answer
# 2
The C P of the Article is 678 / - 
Bcoz the Article value will be 714,
Trader has sold the article with an profit of 5% by saying
that the he had given a discount of 15%.
 
Is This Answer Correct ?    3 Yes 1 No
Deepak.k
 
 
 
  Re: a trader sold an article for Rs 714/-after allowing discount of 15%.If not allowed discount he would have make 20%profit. If so what will be thwe cost price of the article
Answer
# 3
Here the trader sells the article at5% profit(20%-15%),then 
this mean that 5% is included in Rs 714/-
then apply Rate/100+Rate (714*5/105)=34Rs is profit then 
the cost is 680
 
Is This Answer Correct ?    2 Yes 1 No
Khader Ashrafi
 
  Re: a trader sold an article for Rs 714/-after allowing discount of 15%.If not allowed discount he would have make 20%profit. If so what will be thwe cost price of the article
Answer
# 4
Cost price will be 700/-

as sale price after discount of 15% is 714/- ,it means sale 
price without discount of 15% is 840/- ( 714*100/85) . Now 
if not allowed discount he would have made 20% profit , so 
cost price will be 700/- ( 840*100/120
 
Is This Answer Correct ?    1 Yes 0 No
G.anand
 

 
 
 
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