Advertisement Remove all ads

A Cycle Dealer Offers a Discount of 10% and Still Makes a Profit of 26%. What is the Actual Cost to Him of a Cycle Whose Marked Price is Rs 840? - Mathematics

Answer in Brief

A cycle dealer offers a discount of 10% and still makes a profit of 26%. What is the actual cost to him of a cycle whose marked price is Rs 840?

Advertisement Remove all ads

Solution

\[\text { Given, } \]

\[\text { MP of the cycle = Rs } . 840 \]

\[\text { Discount = 10 % } \]

\[\text { So, SP = MP } \times \left( \frac{100 - \text { Discount % }}{100} \right)\]

\[ = 840 \times \left( \frac{100 - 10}{100} \right)\]

\[ = Rs . 756\]

\[\text { Now, SP = Rs . 756 and Gain = 26 % } \]

\[\text { So, CP }= \frac{100}{100 +\text {  Gain % }} \times 756\]

\[ = \frac{100}{126} \times 756\]

\[ = Rs . 600\]

\[\text { Hence, the actual cost of the cycle is Rs } . 600 .\]

  Is there an error in this question or solution?
Advertisement Remove all ads

APPEARS IN

RD Sharma Class 8 Maths
Chapter 13 Proft, Loss, Discount and Value Added Tax (VAT)
Exercise 13.2 | Q 12 | Page 26
Advertisement Remove all ads
Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×