Answers

2015-06-09T13:12:05+05:30
MP of the article=Rs.1120
Discount %=10%
⇒Discount= \frac{10}{100} of MP
⇒Discount= \frac{10}{100} * 1120
⇒Discount=Rs.112
SP=MP-Discount
⇒SP=1120-112
=Rs.1008
Let the CP of the article be x.
SP=Rs.1008 , Profit=26%
⇒Profit= \frac{26}{100} of x
= \frac{13x}{50}
In case of a profit
SP=CP+Profit
⇒1008= x+ \frac{13x}{50}
⇒1008= \frac{(50x+13x)}{50}
⇒1008= \frac{63x}{50}
⇒x=1008* \frac{50}{63} (by cross multiplication)
⇒x=50*16
⇒x=800
Ans:The Cost Price of the pair of shoes is Rs.800.
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