Question

1.) The cost price of a television is Rs 2400 which is 20% below the market 2 points
price. If it is sold at a discount of 16% on the market price then find its
market price, selling price and profit?*​

Answer 1

Answer:

2400 20% answer 2400.2

Answer 2

$Given \: cost \:price (c.p) = Rs \:2400$

$Market \:price (m.p) \\= 20\% \: more \:than \: c.p\\= c.p \Big( \frac{100+20}{100}\Big) \\= 2400 \times \frac{120}{100} \\= Rs\:2880$

$Discount (d) = 16\%$

$Selling \: price (s.p) = m.p\Big( \frac{100-d}{100} \Big)\\= 2880 \Big( \frac{100-16}{100}\Big) \\= 2880 \times \frac{84}{100} \\= Rs \:2419.12$

$s.p \gt c.p$

$Profit (g) = s.p - c.p \\=Rs \:2419.12 - Rs \: 2400 \\= Rs \: 419.12$

Therefore.,

$\red{ Market \: price }\green { = Rs \: 2880 }$

$\red{ selling \:price } \green {= Rs \: 2419.12 }$

$\red{Profit}\green { = Rs \: 419.12}$

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