Question

The cost price
of black and white Tv is rupees 2400 which is 20℅ below the marked price.if it is sold at a discount of 16℅ of the marked price.find:1.marked price 2.selling price 3. profit

Answer 1

Let the Marked price be Rs a

Cost price = a - 20% of a

=> 2400 = a - 20a/100

=> 2400 = 80a/100

=> a = 240000 / 80

=> a = 3000

Marked price = Rs 3000

Now,

Selling price = Marked price - Discount

= a - 16 % of a

= 3000 - 16% of 3000

= 3000 - 16 × 3000 / 100

= 3000 - 480

= 2520

Selling price = Rs 2520

Now,

Profit = Selling price - Cost price

= 2520 - 2400

= 120

Profit = Rs 120