Discussion Forum : True Discount
Question - A profit of l0% is made after giving a discount of 5% on a T. V. If the marked price of the TV is Rs.2640.00, the cost price of the TV was :
Options:
A .  Rs.2396
B .  Rs.2380
C .  Rs.2280
D .  Rs.2296
Answer: Option C
Answer: (c)Let the C.P. of TV be x, then${x × 110}/100 = 2640 × 95/100$$x = {2640 × 95}/110$ = Rs.2280Using Rule 6,Here, r = 10%, D = 5%,M.P. = Rs.264000,C.P. = ?$\text"MP"/\text"CP" = {100 + r}/{100 - D}$$2640/\text"CP" = {100 + 10}/{100 - 5}$C.P. = ${2640 × 95}/110$= 24 × 95 = 2280

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