An item was sold at 23% more than the cost price. If the selling price is Rs. 14022, then find the cost price.
Rs. 11400
When an item is sold at a profit, the selling price is the cost price plus the profit amount. A 23% profit means the Selling Price is 123% of the Cost Price. Therefore, the correct answer is Rs. 11400.
Important Questions from Discount and MP
If a trader marks the price of an article 50 percent more than the cost price and allows a discount of 30 percent, then what is his profit percentage?
What will be the selling price of an article if two successive discounts of 15% and 12% are offered on its marked price of Rs. 25,500?
Printed price of a mobile is Rs. 6,400. It is sold in Rs. 2,560 with two consecutive discount. If first discount is 20%, then what is the second discount?
Lekhana saves Rs. 15 on the purchase of a book when a discount of 20% is given. How much did she pay for the book?
What will be the selling price if three successive discounts of 10% is applied on an item marked at Rs 3000?
