1.

A profit of 8% is made by selling a shirt after offering a discount of 12%. If the marked price of the shirt is Rs.1,080/-, find its cost price.1). Rs.890/-2). Rs. 780/-3). Rs.880/-4). Rs.900/-

Answer»

Solution

Let COST price = Rs. $100x$

=> Selling price = $100x + \frac{8}{100} \times 100x$

= $108X$

Now, after OFFERING 12% discount, Marked price = $\frac{88}{100} \times 1080 = 108x$

=> $\frac{88}{10} = \frac{108x}{108}$

=> $X = \frac{88}{10} = 8.8$

$\therefore$ C.P. = 100 * 8.8 = Rs. 880



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