Question

If a company sells a steel mug at Rs. 15 and gives a spoon worth Rs: 1.80 free with it making a profit of 10% then what is the cost price of soap?

Answer 1

Answer:

13.32

Step-by-step explanation:

Their C.P = 16.80

profit = 10% of 16.80 = 1.68

The C.P of soap = 15 - 1.68 = 13.32

Answer 2

Answer:

The cost price of soap is Rs.13.45.

Given:

If a company sells a steel mug at Rs. 15 and gives a spoon worth Rs: 1.80 free with it making a profit of 10% then  

To find:

what is the cost price of soap

Solution:

Since the free spoon also constitutes profit, consider selling price of mug = 15 – 1.80 = 14.80

Profit = 10%

110 % x = 14.80

x = $\frac{14.80 \times 100}{110}$

cost price = Rs. 13.45

Result:

The cost price of soap is Rs.13.45