Question

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


please help​

Answer 1

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

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