a piano is marked for sale at Rs 13500.the dealer allows 6% discount and then makes a profit of 25% on the cost price.fid the cost price of the piano.
Answers
The cost price of the piano = Rs. 10152
Given :
- A piano is marked for sale at Rs. 13500.
- The dealer allows 6% discount and then makes a profit of 25% on the cost price
To find :
The cost price of the piano
Solution :
Step 1 of 3 :
Calculate the selling price of the piano
The piano is marked for sale at Rs. 13500.
The dealer allows 6% discount
∴ Discount Amount
∴ Selling price
= Marked price - Discount Amount
= Rs. 13500 - Rs. 810
= Rs. 12690
Step 2 of 3 :
Form the equation to find cost price of the piano
Let the cost price of the piano = Rs. C
Then by the given condition
Step 3 of 3 :
Calculate the cost price of the piano
Hence cost price of the piano = Rs. 10152
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