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Mathematics

An article is marked at ₹ 2,250. By selling it at a discount of 12%, the dealer makes a profit of 10%. Find :

(i) the selling price of the article.

(ii) the cost price of the article for the dealer.

Profit, Loss & Discount

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Answer

(i) Given:

M.P. of an article = ₹ 2,250

Discount % = 12 %

Discount%=DiscountM.P.×10012=Discount2250×100Discount=12×2250100=27,000100=270\text{Discount\%} = \dfrac{\text{Discount}}{\text{M.P.}} \times 100\\[1em] \Rightarrow 12 = \dfrac{\text{Discount}}{2250} \times 100\\[1em] \Rightarrow \text{Discount} = \dfrac{12 \times 2250}{100}\\[1em] = \dfrac{27,000}{100}\\[1em] = 270

Discount = M.P. - S.P.270=2,250S.P.S.P.=2,250270S.P.=1,980\text{Discount = M.P. - S.P.}\\[1em] \Rightarrow 270 = 2,250 - \text{S.P.}\\[1em] \Rightarrow \text{S.P.} = 2,250 - 270\\[1em] \Rightarrow \text{S.P.} = 1,980

The S.P. of the article = ₹ 1,980.

(ii) S.P. of the article = ₹ 1,980

Profit of the article = 10%

Let the C.P. of the article be ₹ xx.

Profit%=ProfitC.P.×10010=Profitx×100Profit=10×x100=10x100=x10\text{Profit\%} = \dfrac{\text{Profit}}{\text{C.P.}}\times 100\\[1em] \Rightarrow 10 = \dfrac{\text{Profit}}{x}\times 100\\[1em] \Rightarrow \text{Profit} = \dfrac{10 \times x}{100}\\[1em] = \dfrac{10x}{100}\\[1em] = \dfrac{x}{10}

and,

Profit = S.P. - C.P.x10=1980xx10+x=1980x10+10x10=1980(x+10x)10=198011x10=1980x=1980×1011x=1980011x=1800\text{Profit = S.P. - C.P.}\\[1em] \Rightarrow \dfrac{x}{10} = 1980 - x\\[1em] \Rightarrow \dfrac{x}{10} + x = 1980 \\[1em] \Rightarrow \dfrac{x}{10} + \dfrac{10x}{10} = 1980 \\[1em] \Rightarrow \dfrac{(x + 10x)}{10} = 1980 \\[1em] \Rightarrow \dfrac{11x}{10} = 1980 \\[1em] \Rightarrow x = \dfrac{1980 \times 10}{11} \\[1em] \Rightarrow x = \dfrac{19800}{11} \\[1em] \Rightarrow x = 1800

The cost price of the article = ₹ 1,800

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