Q.22. On a certain item, a shopkeeper gives 10% discount to the customer and still he gets 5 % profit. If the marked price of the item is 6,000, then what is the cost price of the item for the shopkeeper?
(Give step by step explaination)
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Step-by-step explanation:
Given
In a certain item shopkeeper gives 10 % discount
The marked price of that item is
6000
And then also he gets 5% profit
SOLUTION
He gave discount =
6000 ➗ 100 ✖ 10 = 600
6000 — 600 = 5400
He sold that item at 5400
then also he gets 5% profit
5400 ➗ 100 ✖ 5 = 270
5400 ➖ 270 = 5130
Cost price of that item to shopkeeper = 5130
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