After selling TV for 9900,the profit gained is 10%.The cost price of TV is
Answers
Answer:
cost price of t.v = ₹9000
Step-by-step explanation:
s.p of t.v - ₹9900
gain-10%
c.p - s.p ×100/(100+gain)
=9900×100/(100+10)
=990000/110= 9000
Calculating Cost Price when Selling Price and Profit gained is given.
Solution : Cost price of televison having selling price of 9900 and profit gained of 10% is Rs 8181.82.
Explanation:
Given that
Selling Price of television = Rs 9900
Profit gained by selling television = 10%
Need to determine cost price of television
let assume cost price of television by represented by variable .
As profit gain is 10% , it means profit gain is 10% of cost price
=> profit gain = 10% of = (10/100)× = /10
Selling price = cost price + profit gain
On substituting given value of Selling price , assumed value of cost price and calculated value of profit gained in terms of cost price we get
9900 = +( /10 )
On solving above equation for
9000 = (10 + )/ 10
=> 9000 × 10 = 11
=> 90000/11 =
=> = 8181.818 ≈ 8181.82
Hence Cost price of television = Rs 8181.82 .
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