When a discount of 15 is allowed on the marked price of an article it is sold for rupees 2975?
When a discount of 15% is allowed on the marked price of an article, it is sold for Rs. 2975. 85x=2975×100x=297585x=3500 Rs.
What is the discount at 15% on marked price Rs 500?
The discount at 15% on marked price of a ₹ 500 is ₹ 75.
Is discount allowed on marked price?
Answer: Given : Marked Price = Rs 1500, and Selling Price = Rs 1350. Amount of discount is = Marked Price – Selling Price. … Example 3: An almirah is sold at Rs 5,225 after allowing a discount of 5%.
What is discount in profit and loss?
Profit or Loss is always calculated on the cost price. Marked price: This is the price marked as the selling price on an article, also known as the listed price. Discount or Rebate: This is the reduction in price offered on the marked or listed price.
On which price discount is calculated?
Calculate Discount from List Price and Sale Price. The discount is list price minus the sale price then divided by the list price and multiplied by 100 to get a percentage.
How much will an item cost if 10% discount is given on the marked price?
10% discount is given on the marked price. Therefore, if marked price is ₹ 100, then selling price is ₹ 90.
How do you calculate cost price?
How to calculate cost price? Simply add together the labor cost, the components cost, the tools cost, the marketing costs and the overhead cost.
How do you calculate P&L?
The actual calculation of profit and loss in a position is quite straightforward. To calculate the P&L of a position, what you need is the position size and the number of pips the price has moved. The actual profit or loss will be equal to the position size multiplied by the pip movement.