Question 60

A grinder was marked at Rs.3,600/ After given a discount of 10% the dealer made a profit of 8%. Calculate the cost price.

Solution

Marked price = Rs. 3600

Discount % = 10%

=> Selling price = $$3600-(\frac{10}{100}\times3600)$$

= $$3600-360=Rs.$$ $$3240$$

Profit % = 8%

=> Cost price = $$\frac{3240}{(100+8)}\times100$$

= $$30\times100=Rs.$$ $$3,000$$

=> Ans - (A)

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