A mobile dealer sells a mobile at a discount of 25% on its marked price and earns a profit of 10%. If the
marked price of the mobile is 8800, what will be the cost price of the mobile?
6075
Answers
Given :-
- Discount = 25% .
- Profit = 10%.
- Marked price of mobile = Rs.8800.
To Find :-
- Cost Price of the mobile ?
Solution :-
As we know that, their is no direct relation between Mark price and cost price . so we have to work on selling price of the mobile.
So,
→ MP of mobile = Rs.8800
→ Discount = 25% .
than,
→ SP of mobile = MP * (100 - discount%) / 100
→ SP of mobile = 8800 * (100 - 25) / 100
→ SP of mobile = 88 * 75
→ SP of mobile = Rs.6600 .
Now,
→ SP of mobile = Rs.6600
→ Profit % = 10% .
than,
→ CP of mobile = SP * 100 / (100 + Profit%)
→ CP of mobile = 6600 * 100 / (100 + 10)
→ CP of mobile = (6600 * 100) / 110
→ CP of mobile = 60 * 100
→ CP of mobile = Rs.6000 . (Ans.)
Hence , Cost Price of the mobile is Rs.6000.
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Given:
Discount = 25%
Profit = 10%
Marked Price = 8800
To Find :
Cost Price of a mobile
Solution:
Finding Discount:
Discount = 25% of Marked Price
Discount = 25%x8800
Discount = 2200
Finding Selling Price:
Selling Price = Marked Price - Discount
Selling Price = 8800 - 2200
Selling Price = 6600
Finding Cost Price:
Hence, the Cost Price of mobile is Rs 6000
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