Answer:
Let the CP be 100
Marked Price = 140
5% discount on Marked Price = 7. Therefore SP=140-7=133.
133%=1064.
Therefore 100%= 100 ×1064÷133= Rs.800/-.
Hence CP is Rs.800/-. SP is Rs.1064/-. Therefore profit is 1064-800= Rs.264/-
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Answer:
Let the CP be 100
Marked Price = 140
5% discount on Marked Price = 7. Therefore SP=140-7=133.
133%=1064.
Therefore 100%= 100 ×1064÷133= Rs.800/-.
Hence CP is Rs.800/-. SP is Rs.1064/-. Therefore profit is 1064-800= Rs.264/-