CASE STUDY:Arun is running a sports items shop. He is giving a discount of 10% on a badminton racket, which is marked as Rs. 600 and still he is making profit of 25%. Find (1) The Selling Price of racket (ii) The cost price of racket
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Answer:
(i) 450
(ii) 600
it's my answer is this writer
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Answer:
1] The selling price of the racket is 540 rupees.
2]The cost price of the racket is 432 rupees.
Step-by-step explanation:
1] The selling price of the racket is given as 10% discount on marked price (600 rupees).
Thus selling price is (100-10) % of 600.
Thus selling price is 90% of 600 which is 540 rupees.
2] It is told that even after selling the racket at 540 Arun made a profit of 25%. Thus 540=125% of the cost price. Thus C.P comes out to be 432 rupees.
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