Question

Answer it in full explanation.​

Answer 1

Mark price of the bicycle = ₹1200

Discount on the bicycle = 10%

Therefore,

Discount on the bicycle = (10 / 100) x 1200

= 10 x 12

= 120

Selling price of bicycle = 1200 - 120

= ₹ 1080

profit made = 10%

= (10 / 100) x 1080

= 108

Therefore,

cost price of the bicycle = 1080 - 108

= ₹ 972

ANSWER : cost price of the bicycle is ₹972

Hope you got it,

Thanks

Answer 2

Step-by-step explanation:

✤ Required Answer:

CP of the bicycle

✒ Given:

M.P of bicycle = ₹1200

discount=10%

profit=10%

✒solution:

M.P of bicycle = ₹1200

discount=10%

discount given on bycycle= 10% of ₹1200

=(10/100)×1200

= ₹120

discount given on bycycle=₹120

SP of bicycle=₹1200-₹120

=₹1080

SP of bicycle=₹1080

✒CP of the bicycle=sp×(100/100+gain%)

=1080×(100/110)

=₹981.81

✒formula used:

CP when gain is given=sp×(100/100+gain%)

discount = discount%of MP

SP =Discount+MP

✒ extra formula :

cp when loss is given=sp×(100/100-loss%)

SP when loss is given=sp×(100-loss%/100)

SP when gain is given=sp×(100+gain%/100)