d Word problem* 6_A dealer by showing a discount of 10% on marked price Rs 1100 of a sofa set gains 10%. What is the cost price of sofa set ? | Job Exam Rare Mathematics (JEMrare) - Solved MCQs

# Word problem* 6_A dealer by showing a discount of 10% on marked price Rs 1100 of a sofa set gains 10%. What is the cost price of sofa set ?

Problem 6: A dealer by showing a discount of 10% on marked price Rs 1100 of a sofa set gains 10%. What is the cost price of sofa set ?

Solution:

Lets suppose

Now profit is 10 % of CP

so

Also we are given marked price ( price displayed on items) i-e,

Now discount is given on marked price and we know discount is 10 % i-e

It means actual sale price is

Now use formula

Put values

Shifting ‘x’ terms to one side

So the Cost Price of the sofa is Rs 900/-

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