Question

By having a discount of 10 percent on the marked price, Rs. 1,100, of a sofa set, dealer gains 10 percent. The cost price of the sofa set is:

Answer 1

♡ANSWER ♡

Description for Correct answer:

M.P. of cycle = Rs. 1100 

After Discount S.P = 90% of 1100 = Rs. 990 gain = 10% 

C.P. =

990×100100+10

990×100100+10

990×100

110

990×100110

= Rs.900

Answer 2

Answer:

Rs 900

Step-by-step explanation:

Marked price = Rs.1100

Selling price = 1100 - (10/100) × 1100

= 1100 - 110

= Rs.990

Profit % = 10

(Profit/Cost) × 100 = 10

(990 - x)100 = 10x

99000 - 100x = 10x

99000 = 110x

x = 99000/110 = 900

Hence, Cost price = Rs.900