Question

heya pls answer it...
The marked price of a mixer is ₹11,150 and is sold at 10% discount. The shopkeeper earns a profit of 11.5%. What was the cost price of the mixer?

Answer 1

MP = 11150
10% discount
11150 10%
11150 1%= 11150/100 = 111.50
10%discount = 111.50 ×10 = 1115
sold at = 11150 -1115 = 10035

shopkeeper 11.5 profit
11150 11.5 profit
= 1115 ×11.5 = 12882.5

the cost price is 12882.5

Answer 2

Given, Marked price of a mixer = 11,150.

Given Discount = 10%.

⇒ Discount = 10% of 11,150

                   = (10/100) * 11,150

                   = 1115.

Selling price of the mixer = 11,150 - 1115

                                          = 10035.

Now,

Let the cost price of the mixer be 'x'.

Given, Profit = 11.5%.

⇒ 11.5% of x

⇒ (11.5/100) * x

⇒ 0.115x

Selling price of the mixer = x + 0.115x

                                          = 1.115x.

But selling price of the mixer = 9923.5

⇒ 1.115x = 10035

⇒ x = 9000.

Therefore, Cost price of the mixer = 9000.

Hope it helps!