9. Kavita bought a bed cover for 650 and got free with it a pillow cover costing 50. The shopkeeper
made a profit of 20% on this transaction. What did the bed cover cost the shopkeeper?
Answers
Given:
Cost price of bed cover = Rs. 650/-
Cost price of free pillow cover = Rs. 50/-
Profit gain by shopkeeper = 20%
To Find:
Bed cover cost for shopkeeper
Solution:
Now according to question:
Pillow cover is free with bedcover so price of pillow cover will not be included.
So
120% = 650 ( Price for kavita )
Actual price for shopkeeper will be 100% as 20% is profit.
Therefore,
120% = 650
120/100 = 650
Multiplying 100 on both sides
100/100 × 120 = 650 × 100
100% × 120 = 65000
100% = 65000/120
100% = 541.66
Hence, bedcover cost Rs. 541.66/- for shopkeeper.
Answer:
⌯ Kavita bought Bed Cover for Rs. 650
⌯ She got free Pillow Cover of Rs. 50
The Shopkeeper made a profit of 20% on this Transaction. So In this complete transaction he must have covered Pillow Cover Price on Bed Cover already, hence he gave it for free. Hence Selling Price for Shopkeeper :
⇢ SP = Bed Cover - Pillow Cover
⇢ SP = Rs. 650 - Rs. 50
⇢ SP = Rs. 600
Now he made 20% profit on this Transaction
Let the Cost Price be 100%
• According to the Question Now :
⇒ (CP + Profit)% ≡ SP
⇒ (100 + 20)% ≡ Rs. 600
⇒ 120% = Rs. 600
- Dividing both by 6
⇒ 20% = Rs. 100
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• Cost Price for Shopkeeper :
⟶ CP = 100%
⟶ CP = 120% - 20%
⟶ CP = Rs. 600 - Rs. 100
⟶ CP = Rs. 500
∴ Bed cover cost Rs. 500 for Shopkeeper.