Question

shopkeeper sold a tv set at rs.29,700,which included 8%vat. if the shopkeeper earned 10% profit, what was the costprice of the set for the shopkeeper

Answer 1

Answer:

C.P.=₹27000

Step-by-step explanation:

S.P. OF TV=₹29700

P%=10%

C.P.=x

SO,

WE KNOW,

P%=P/CP*100

10%=[(29700-x)/x]*100

10/100=(29700-x)/x

x/10=29700-x

(x/10)+x=29700

11x/10=29700

x=(29700*10)/11

x=2700*10

x=₹27000

I HOPE YOU UNDERSTOOD THE QUESTION