Question

if 15% markup on a colour T.v set is 8500 for 3/2 years find the cost price of the colour T.v set

Answer 1

Step-by-step explanation:

Given If 15% markup on a colour T.v set is 8500 for 3/2 years find the cost price of the colour T.v set

• Let the cost price be Rs 100
• Markup on a colour Tv set is 15%
• Therefore selling price is 100 + 15 = Rs 115
• Now if selling price is Rs 115, cost price is Rs 100
• Therefore if selling price is Rs 8500, cost price will be  
•                                                         8500 x 100 / 115
•                                                           = Rs 7391.3
• So the cost price of the colour tv set is Rs 7391.3

Reference link will be

https://brainly.in/question/5602732