Question

A man buys an item marked at 3000 rupees and gets a discount of 15 percent he sells it at a profit of 400 rupees Find the cost price of the item
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Answer 1

Answer:

CP = Rs 2150

Step-by-step explanation:

Given:

MP = Rs 3000

Discount = 15%

Profit = 400

To Find :-

• S.P
• C.P

Solution:

SP= Marked price - Discount

First let's find the distance.......

15% of 3000= Discount

$\displaystyle\frac{15}{100} \times 3000$

$\mathsf{15 \times 30}$

RS.450 = Discount.

So, SP= 3000-450= 2550

As we know that,

SP - CP = PROFIT

=> CP = SP - PROFIT

=> CP = Rs (2550 - 400)

=> CP = Rs 2150