Question

l
- A cycle dealer offers a discount of 10% and still makes a profit of 26%. What is
actual cost to him of a cycle whose marked price is Rs 840?

Answer 1

Refer to the attachment

Hope it helps you

Answer 2

Step-by-step explanation:

⭐Given,

☯️Marked price (MP) on cycle = Rs 840 Discount = 10% Discount

(MP × Discount %)/100 = (840×10)/100 = Rs

84 SP = MP – Discount = 840 – 84 = Rs 756

Given,

he makes a profit of 26% additionally

So,

by using the formula, CP = 100 / (100 + Gain %) × SP = 100 / (100 + 26) × 756 = 100/126 × 756 = 600

∴ Actual cost of the cycle is Rs 600.