Question

the marked price of a computer is₹ 22,000. After allowing a 10% discount, a dealer still makes a. profit of 20%. Find the cost price of the double bed.​

Answer 1

Answer:

Profit = selling price - cost price

let the cost price be c

The selling price:

= 10% discount

= discounted price = 100%(marked price) - discount (10%) = 90%

= 90%/100% × 22000

= 0.9 × 22000

= rs. 19800

This discounted price is the selling price.

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