the Marked price of a computer is rupees 22010 % discount dealer still makes a profit of 20% find the cost price of a computer
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the cost price of a product is the amount incurred in total to produce or manufacture the given item
to find the cost price of the computer, assuming that this dealer is the manufacturer, the following is the procedure:
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
$19800
the 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
1980000-100c =20c
120c=1980000
c=1980000/120
c=$16500
therefore the cost price of the computer is $16500
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