shopkeeper gives 6% on a printed price of a t.v and got a profit of 24%.if the printed price pf t.v was rs10000 what was its cost price
Answers
Correct Question :-
Shopkeeper gives 6% discount on a printed price of a TV and got a profit of 24% . If the printed price of TV was Rs10,000 what was it's cost price?
Solution :-
Here, We have to find the CP of TV
The Marked Price of TV = Rs10,000
Discount % given on TV = 6%
Shopkeeper gains a profit = 24%
According to the question,
Sale price = 10,000 * 100 - 6 / 100
Sale Price = 10,000 * 94 / 100
Sale Price = 100 * 94
Sale price = 9,400
Now,
Sale price = Profit% /100 * CP
Therefore,
9400 = 100 + 24 / 100 * CP
9400 = 124 / 100 * CP
9400 * 100 / 124 = CP
CP = 940000/124
CP = 7580.64
Hence, The cost price of TV is Rs7580.64 
Answer:
Here, We have to find the CP of TV
The Marked Price of TV = Rs10,000
Discount % given on TV = 6%
Shopkeeper gains a profit = 24%
According to the question,
Sale price = 10,000 * 100 - 6 / 100
Sale Price = 10,000 * 94 / 100
Sale Price = 100 * 94
Sale price = 9,400
Now,
Sale price = Profit% /100 * CP
Therefore,
9400 = 100 + 24 / 100 * CP
9400 = 124 / 100 * CP
9400 * 100 / 124 = CP
CP = 940000/124
CP = 7580.64