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A grinder was marked at Rs. 3,600. After given a discount of 10% the dealer made a profit of 8%. Calculate the cost price.
- a)Rs. 3,000
- b)Rs. 3,312
- c)Rs. 3,240
- d)Rs. 2,960
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
A grinder was marked at Rs. 3,600. After given a discount of 10% the d...
Let the C.P. of grinder be = Rs x
Most Upvoted Answer
A grinder was marked at Rs. 3,600. After given a discount of 10% the d...
Dis. of 10% on 3600(Marked price)
so, S.P = (3600-3600*10/100) = Rs. 3240/-
He made a profit of 8%
now, C.P= (100/100+profit)*S.P;
C.P = (100/108)*3240 = Rs.3000/- op(A)
so, S.P = (3600-3600*10/100) = Rs. 3240/-
He made a profit of 8%
now, C.P= (100/100+profit)*S.P;
C.P = (100/108)*3240 = Rs.3000/- op(A)
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A grinder was marked at Rs. 3,600. After given a discount of 10% the d...
To find the cost price of the grinder, we need to follow these steps:
Given:
Selling price = Rs. 3,600
Discount = 10%
Profit = 8%
Step 1: Calculate the selling price after the discount
The selling price after the discount can be calculated using the formula:
Selling price after discount = Selling price - (Discount % × Selling price)
= 3600 - (10/100 × 3600)
= 3600 - 360
= Rs. 3240
Step 2: Calculate the cost price using the profit percentage
The cost price can be calculated using the formula:
Cost price = Selling price after discount / (1 + Profit %)
Cost price = 3240 / (1 + 8/100)
Cost price = 3240 / (1 + 0.08)
Cost price = 3240 / 1.08
Cost price = Rs. 3000
Therefore, the cost price of the grinder is Rs. 3000.
Explanation:
- The grinder was originally marked at Rs. 3600.
- A discount of 10% was given on the marked price.
- The selling price after the discount was calculated to be Rs. 3240.
- The dealer made a profit of 8% on the selling price after the discount.
- To find the cost price, we use the formula: Cost price = Selling price after discount / (1 + Profit %).
- Substituting the values, we find that the cost price is Rs. 3000.
Therefore, the correct answer is option 'A' - Rs. 3000.
Given:
Selling price = Rs. 3,600
Discount = 10%
Profit = 8%
Step 1: Calculate the selling price after the discount
The selling price after the discount can be calculated using the formula:
Selling price after discount = Selling price - (Discount % × Selling price)
= 3600 - (10/100 × 3600)
= 3600 - 360
= Rs. 3240
Step 2: Calculate the cost price using the profit percentage
The cost price can be calculated using the formula:
Cost price = Selling price after discount / (1 + Profit %)
Cost price = 3240 / (1 + 8/100)
Cost price = 3240 / (1 + 0.08)
Cost price = 3240 / 1.08
Cost price = Rs. 3000
Therefore, the cost price of the grinder is Rs. 3000.
Explanation:
- The grinder was originally marked at Rs. 3600.
- A discount of 10% was given on the marked price.
- The selling price after the discount was calculated to be Rs. 3240.
- The dealer made a profit of 8% on the selling price after the discount.
- To find the cost price, we use the formula: Cost price = Selling price after discount / (1 + Profit %).
- Substituting the values, we find that the cost price is Rs. 3000.
Therefore, the correct answer is option 'A' - Rs. 3000.
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A grinder was marked at Rs. 3,600. After given a discount of 10% the dealer made a profit of 8%. Calculate the cost price.a)Rs. 3,000b)Rs. 3,312c)Rs. 3,240d)Rs. 2,960Correct answer is option 'A'. Can you explain this answer?
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A grinder was marked at Rs. 3,600. After given a discount of 10% the dealer made a profit of 8%. Calculate the cost price.a)Rs. 3,000b)Rs. 3,312c)Rs. 3,240d)Rs. 2,960Correct answer is option 'A'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about A grinder was marked at Rs. 3,600. After given a discount of 10% the dealer made a profit of 8%. Calculate the cost price.a)Rs. 3,000b)Rs. 3,312c)Rs. 3,240d)Rs. 2,960Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A grinder was marked at Rs. 3,600. After given a discount of 10% the dealer made a profit of 8%. Calculate the cost price.a)Rs. 3,000b)Rs. 3,312c)Rs. 3,240d)Rs. 2,960Correct answer is option 'A'. Can you explain this answer?.
A grinder was marked at Rs. 3,600. After given a discount of 10% the dealer made a profit of 8%. Calculate the cost price.a)Rs. 3,000b)Rs. 3,312c)Rs. 3,240d)Rs. 2,960Correct answer is option 'A'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about A grinder was marked at Rs. 3,600. After given a discount of 10% the dealer made a profit of 8%. Calculate the cost price.a)Rs. 3,000b)Rs. 3,312c)Rs. 3,240d)Rs. 2,960Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A grinder was marked at Rs. 3,600. After given a discount of 10% the dealer made a profit of 8%. Calculate the cost price.a)Rs. 3,000b)Rs. 3,312c)Rs. 3,240d)Rs. 2,960Correct answer is option 'A'. Can you explain this answer?.
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A grinder was marked at Rs. 3,600. After given a discount of 10% the dealer made a profit of 8%. Calculate the cost price.a)Rs. 3,000b)Rs. 3,312c)Rs. 3,240d)Rs. 2,960Correct answer is option 'A'. Can you explain this answer?, a detailed solution for A grinder was marked at Rs. 3,600. After given a discount of 10% the dealer made a profit of 8%. Calculate the cost price.a)Rs. 3,000b)Rs. 3,312c)Rs. 3,240d)Rs. 2,960Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of A grinder was marked at Rs. 3,600. After given a discount of 10% the dealer made a profit of 8%. Calculate the cost price.a)Rs. 3,000b)Rs. 3,312c)Rs. 3,240d)Rs. 2,960Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
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