Mathematics · Profit and Loss

David purchased an item and marked its price up by 10%. He sold the same item by giving a discount of 5% and made a profit of ₹12.87. What is the actual cost price of the item?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1₹256
2₹286✓
3₹280
4₹220

Correct answer

₹286

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David purchased an item and marked its price up by 10%. He sold the same item by giving a discount of 5% and made a profit of ₹12.87. What is the actual cost price of the item?

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David purchased an item and marked its price up by 10%. He sold the same item by giving a discount of 5% and made a profit of ₹12.87. What is the actual cost price of the item?

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