Question

a toaster is marked for sale at 2650 rs there is a discount of 10% and still the profit made is 20% of the cost price of the toaster find its cost price​

Answer 1

M.P=2650

SP=2650 x 90 / 100 = 2385

cp=2385x100/120=Rs1987.50

Cost Price = Rs. 1987.50

Answer 2

Cost price of toaster is Rs. 1987.5/-

Step-by-step explanation:

Let us assume that , the cost price of toaster is Rs.100/-

Market price = 2650

10% discount on market price ,= $2650\times \frac{10}{100}$

= 265

Selling price = 2385

20 % profit ,

120% = 2385

100% = $\frac{2385}{120}\times 100$

100% = $\frac{238500}{120}$

100% = 1987.5

Cost price of toaster is Rs. 1987.5/-