Question

A sofa set carrying a sale-price ticket of Rs. 5,000 is sold at a discount of 4%, thereby the trader earns a profit of 20%. The trader's cost price of the sofa set is??

Answer 1

Answer:

3500

Step-by-step explanation:

sp=5000

discount =4% ie 200

profit= 20%

cp=sp*discount

cp=5000*96/100=4800

cp= sp*100/profit

cp=4800*100/120=3500 is answer

Answer 2

Cost price of sofa set is Rs. 4000.

Step-by-step explanation:

Since we have given that

Marked price of sofa set = Rs. 5000

Discount % = 4%

Profit % = 20%

We need to find the cost price of sofa set .

So, it becomes,

$MP=CP\times \dfrac{100+Profit}{100-discount}\\\\5000=CP\times \dfrac{100+20}{100-4}\\\\5000=CP\times \dfrac{120}{96}\\\\5000\times \dfrac{96}{120}=CP\\\\CP=Rs.\ 4000$

Hence, Cost price of sofa set is Rs. 4000.

# learn more:

The price of a sofa set is rs. 32536.90 p. find the total cost of 196 sofa sets.

https://brainly.in/question/5673321