Question

The marked price of a double bed is rs 9575 . a shopkeeper allows a discount of 12% on its marked price and still gains 10% . find the cost price of the double bed . need fast

Answer 1

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Answer 2

Given:

Marked price of bed = Rs. 9575

Discount = 12%

Gain = 10%

To Find:

Cost price of double bed

Solution:

Let the cost price of double bed be = x.

Therefore, SP = 110x/100 (gain 10%)

= 11x/10

Now, Marked price = 100 × sp/100 - discount

= 9575 = 100 × 11x/ 88 × 10  ( discount 12%)

9575 = 1100x / 880

9575 = 5x/4

x = 9575 × 4/5

= 1915 × 4

x = 7660.

Answer: The cost price of bed is Rs. 7660.