A showroom offers a 10% discount on a microwave, whose marked price is Rs. 8, 000, and also give a blender worth Rs. 1, 200 as a complimentary gift with it. Even then, the showroom earns a profit of 20%. The cost price per microwave is?

Given

Market price = Rs.8000

Discount = 10%

Complimentary gift = Rs.1200

Find out

We have to find the cost price per microwave.

Solution

The discounted amount is

A = 10% of 8000 + 1200

A = 800 +1200 = 2000

Selling price SP = 8000-1200 = 6000

The showroom earns a profit of 20%.

Cost price formula = {100/(100 + Profit%)} × SP.

= {100/(100 + 20)} x 6000

= (100/120) x 6000

= 5000

CP = 5000

Answer

Therefore, The cost price per microwave is Rs.5000.

Was this answer helpful?

 
   

5 (1)

(3)
(1)

Choose An Option That Best Describes Your Problem

Thank you. Your Feedback will Help us Serve you better.

Leave a Comment

Your Mobile number and Email id will not be published.

*

*

close
close

DOWNLOAD

App Now

Ask
Question