Q2) A TV set is sold for Rs 14,000 losing 6%.What is the cost price of TV set.
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Answer:
Selling Price = 14,400
Let the M.P. be 100.
First discount =10% =
100
10
×100= 10
S.P. after the first discount =100−10= 90
Second discount =20% =
100
20
×90= 18
Selling Price after the second discount =90−18= 72
If S.P. is 72, then M.P. is 100.
When S.P. is 14,400,
M.P. =
72
14400×100
= 20,000
M.P. = 20,000.
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