Question

An agent buys a TV set listed at 10000 and gets 10% and 20% successive discounts. He spends 10% of his CP on transport. At what price should he sells the TV set to earn a profit of 10% ?​

Answer 1

Answer:

Net price after two discounts=80% of 90% of Rs. 10000=Rs. 7200.

Net C.P.=(7200+10% of Rs. 7200)=7920.

Therefore, S.P. =110% of Rs. 7920=Rs. 8712.5 years agoHelpfull: Yes(16) No(1)

Answer 2

Answer:

The agent gets successive discounts of 10% and 20%.

10% of 10000 = 1000

Cost after 10% discount = 10000 - 1000

= 9000 rs

20% of 9000 = 1800

Cost after 20% discount = 9000 - 1800

= 7200 rs

Cost price , CP = 7200

Money he spent on travel = 10% of 7200

= 720 rs

Net Cost Price , Net CP = 7200 + 720

= 7920 rs

Now , 10% of 7920 = 792.

For a profit of 10% the agent must sell TV for 10% more than his net CP.

That is for 792 rs more than 7920.

Thus the Selling price , SP = 8712 rs.

The agent must sell the TV for 8712 rs for 10% profit.

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