The printed price of a table is ₹ 5500. The Shopkeeper gives 10% discount on this printed price and yet he gets 10% profit . What is the cost price of the table?
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Print price =₹5500
Discount =10%
Sp=print price x(100-discount)/100
Sp=5500x(100-10)/100
Sp=5500x90/100
Sp=55x90
Sp=₹4950
And on this Sp he is still earning 10% profit
Then
Cp=spx100/(100+ profit)
Cp=4950x100/(100+10)
Cp=4950x100/110
Cp=49500/11
Cp=₹4500
This is ur ans hope it will help you
Discount on the printed table = 10% = 5500×10/100= ₹550
Now SP of the printed table after discount = ₹(5500 - 550) = ₹ 4950
Profit = 10%
CP = 4950× (100/100+10)= ₹ 4500