find the cost price of a double bed whose marked price is 9575 and discount is 12% and profit is 10%
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Answer:
Step-by-step explanation:
Given:
Marked price of bed
= Rs. 9575
Discount = 12%
Gain = 10%
To Find:
Cost price of double bed
So
Let the cost price of double bed be = x.
Therefore, SP = 110x/100 (gain 10%)
Now, Marked price = 100 × sp/100 - discount
= 9575 = 100 × 11x/ 88 × 10 ( discount 12%)
9575 = 1100x / 880
9575 = 5x/4
x = 9575 × 4/5
= 1915 × 4
x = 7660.
Answer: The cost price of bed is Rs. 7660.
Hope this will be helpful to you.
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