# ICSE Class 8 Answered

**A shopkeeper allows 20 percent discount on his goods and still earns a profit of 20 percent.If an article is sold for Rs360 ,find: The marked price The cost price**

Asked by Anuj8651218778 | 24 May, 2019, 08:50: AM

Expert Answer

SP = Rs 360

let MP = Rs x

SP = MP - 20%MP

360 = 0.8MP

MP = Rs 450

Profit% = (SP - CP)/CP x 100

20 = (360 - CP)/CP x 100

CP = Rs. 300

Answered by Arun | 24 May, 2019, 09:23: AM

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