Raja went to buy a smart phone. The shopkeeper charged him only ₹ 37,800 as he was a known customer. He was happy to get a discount of 10% . What was the actual price of the smart phone
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Given data :-
- The shopkeeper charged him only ₹ 37,800 .
- Raja get a discount of 10% .
Solution:-
{ Selling price = S.P; Cost price = C.P}
Here we need to find actual cost price of smart phone .
—› C.P = ?
—› S.P = ₹ 37,800
Let, according to given C.P% be 100%
Hence, we assume that
—› S.P% = C.P% - Discount%
—› S.P% = 100% - 10%
—› S.P%= 90%
Now, { we use percentage method }
—› {S.P/C.P}×100 = S.P%
—› {37800/C.P}×100 = 90
—› 37800/C.P = 90/100
—› 37800/C.P = 0.9
—› 1/C.P = 0.9/37800 i.e.
—› C.P = 37800/0.9
—› C.P = ₹ 42000
Hence, actual cost price of the smart phone is ₹ 42000.
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