Question

A shopkeeper has fixed the price of a television 10% more than its cost price Rs. 32,000. If he sold it by allowing 10% discount, then find the selling price.

Answer 1

solution

Given

Added percent 10%

Cost price = 32000

Marked price = cost price of given percent

      =32000(10/100)+32000

      = 3200+32000

      = RS 35200

discount % = 10%

discount amount =mp of given percent

                            = 35200(10/100)

                            = RS 3520

       selling price = marked price - discount amount

                            = RS 35200 - RS 3520

                            =RS 31480