A electronic store mark a television at Rs 8000.gives 10 % discount. And even…
2023
A electronic store mark a television at Rs 8000.gives 10 % discount. And even after gives a juicer free worth Rs 1200.After this the owner gains a profit of 20%. Find the cost price of the television.
- A.
5500
- B.
6000
- C.
5000
- D.
None of these
Attempted by 4 students.
Show answer & explanation
Correct answer: C
Solution
Marked Price (MP) = Rs 8000
Discount = 10%
Selling Price after discount = 8000 − 10% of 8000
= 8000 − 800
= Rs 7200
A juicer worth Rs 1200 is given free with the television. Hence, the effective amount received by the shopkeeper is:
7200 − 1200 = Rs 6000
The shopkeeper still makes a 20% profit.
Using the profit formula:
Selling Price = 120% of Cost Price
6000 = 120% of Cost Price
Cost Price = (6000 × 100)/120
= Rs 5000
Therefore, the cost price of the television is Rs 5000.
Answer: C. Rs 5000