Question

The marked price of a mixer is 11.150 and is sold at 10% discount. The shopkeeper eams a profit of
11 5% What was the cost price of the mixer?​

Answer 1

Answer:

9000

Step-by-step explanation:

Given, Marked price of a mixer = 11,150.

Given Discount = 10%.

- Discount = 10% of 11,150

= (10/100) * 11,150

= 1115.

Selling price of the mixer = 11,150 - 1115

= 10035.

Now,

Let the cost price of the mixer be 'x!.

Given, Profit = 11.5%.

11.5% of x

(11.5/100) * x

0.115x

Selling price of the mixer = x + 0.115x

= 1.115x.

But selling price of the mixer = 9923.5 =

- 1.115x = 10035

+ x = 9000.

Therefore, Cost price of the mixer = 9000.

Hope it helps!