Unable to Solve this Profit and Loss Problem

abinmax

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Jun 8, 2022
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A seller want to provide a discount of 20% on marked price, with the maximum discount value is 50. After discount he pays commission of 30% on the selling price. So what should be his marked price to sell his product with no profit or no loss? lets say for marked price 'x' seller can provide 20% discount with a maximum value of 50. For ex. if x = 500. selling price is 500-(20%of 500)= 400. but the maximus discount value is 50. so 500-50 = 450 is the selling price

whereas For x= 200, selling price is 200-20%of 200 = 160.
 
 
A seller want to provide a discount of 20% on marked price, with the maximum discount value is 50. After discount he pays commission of 30% on the selling price. So what should be his marked price to sell his product with no profit or no loss? lets say for marked price 'x' seller can provide 20% discount with a maximum value of 50. For ex. if x = 500. selling price is 500-(20%of 500)= 400. but the maximus discount value is 50. so 500-50 = 450 is the selling price

whereas For x= 200, selling price is 200-20%of 200 = 160.
This question is unclear. There are no figures for cost of goods sold so it is impossible to determine profit.
 
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