The selling price of a watch is rs 270 if this watch was sold at 10% discount from market price what was the market price
Answers
Answered by
22
Answer:
The marked price of the watch was ₹300
Step-by-step explanation:
Given, S.P. = 270
Discount(D) = 10%
M.P. = 100 × S.P. / 100 - D
= 100 × 270 / 100 - 10
= 27000 / 90 = 300 {answer}.
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Answered by
2
Answer:
Discount percent (D%) = 10%
Profit percent(P%) = 10%
Marked price (M.P.) = Rs330
So, Discount amount = 10% of M.P. = 10% * 330 = Rs 33.
Selling price (S.P.) = M.P. - discount amount = 330-33 = Rs 297
Therefore, Cost price of the watch (C.P.) = (S.P. × 100)/(100+profit%)
= (297×100)÷(100+10) = Rs 270
So, the cost price of the watch is Rs 270.
Alternative method:
Let cost price (C.P.) be Rs x.
Then,
Selling price = C.P.+10% of C.P.
or, 297 = x + 0.1 × x
or, 297 = 1.1x
or, x = Rs 270
We have supposed C.P. as 'x'. Here, obtained value of x = Rs 270. So, C.P. i.e. cost price of the watch is Rs 270
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