Question

A toaster is marked for sale at 2650. There is a discount of 10o and still the profit made is 20% of the
the cost price of the toaster Find its cost price.
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Answer 1

Answer:

2300/-

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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/-