Question

A shopkeeper gave 6% discount on a printed price of a T.V. and
he got a profit of 24%. If the printed price of T.V. was Rs. 10000.
What was its cost price ?
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Answer 1

Answer:

The C.P of the T.V was Rs.7580.64.

Step-by-step explanation:

According to the question

S.P = 6% of the printed price

= (100-6)/100 × Rs.10000

= Rs. (94 × 100)

= Rs.9400

Now 24% of profit is gained by selling the T.V at 6% discount = Rs.9400

Now, let the price of the T.V be x then

(100+24)/100 × x = Rs.9400

or, 124/100 × x = Rs.9400

or, 31/25 × x = Rs 9400

or, x = Rs.9400 × 25/31

or, x = Rs.7580.64