The marked price of a computer is ? 22,000. After allowing a 10% disco
dealer still makes a profit of 20%. Find the cost price of a computer.
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Explanation:
Profit = S.P. - C.P.
Let the cost price be C.
The selling price:
= 10% discount
= discount price = 100%(marked price) - discount (10%) = 90%
= 90%/100% × 22000
= 0.9 × 22000
= Rs. 19800
This discount price is the S.P.
Therefore profit = 19800 - C
% profit = profit/ cost price ×100%
= 19800-c/ c ×100% = 20%
= 100(19800-c)/c = 20
= 100(19800-c)/c = 20
= 1980000 - 100c = 20c
= 120c = 1980000
= c = 1980000/120
c = Rs. 16500
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