Question

the market price of a double bedroom 9575 A shopkeeper allows a discount 12% of and steel gain 10% find the cost price of double bed

Answer 1

Market Price = Rs 9575

Find the price after discount:

12% discount = 12% x 9575 = 0.12 x 9575 = Rs 1149

Price after discount = 9575 - 1149 = Rs 8426

Find the cost price:

Gain = 10%

Selling Price = 100 + 10 = 110%

Selling Price = Rs 8426

110% = Rs 8426

1% = 8426 ÷ 110 = Rs 76.60

100% = 76.60 x 100 = Rs 7660

Answer: The cost price of the bed is Rs 7660