When a cycle is sold allowing 10% discount on its marked price, there is a profit of 5%. If 5% discount is given, there is profit f RS.351. find the cost price of the cycle.
Answers
Answered by
0
Answer:
k
Step-by-step explanation:
Answered by
2
Answer:
3780
Step-by-step explanation:
Let the Cost Price (CP) be = 100
at 10% discount he gets 5% profit
so Selling Price(SP) at 10% discount is 105
So Marked Price (MP) 100/90 x 105=350/3
At new SP at 5% Discount is
350/3x95/100=665/6
So profit at this SP is 65/6
So now if profit is 65/6 then cost is 100
At 351 profit the cost will be 100x6x351/65
simplifying we get
CP=3240
Selling Price= 3240+351=3591
MP =3780
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