A trader marks a television 20% above the cost price and allows a discount of 10%. If the profit earned is 3544, then what is the cost price of the television? (a) 37000 (b) 6800 (c) 38000 (d) 7200

A trader marks a television 20% above the cost price and allows a disc

1.	A trader marks a television 20% above the cost price and allows a discount of 10%. If the profit earned is 3544, then what is the cost price of the television? (a) 37000 (b) 6800 (c) 38000 (d) 7200
Answer» <html><body><p>ked <a href="https://interviewquestions.tuteehub.com/tag/price-1165141" style="font-weight:bold;" target="_blank" title="Click to know more about PRICE">PRICE</a> = 40% above CP = 140With a discount of 25%, the <a href="https://interviewquestions.tuteehub.com/tag/selling-25929" style="font-weight:bold;" target="_blank" title="Click to know more about SELLING">SELLING</a> price = 140x75/100 = 105Hence his gain <a href="https://interviewquestions.tuteehub.com/tag/percent-1150333" style="font-weight:bold;" target="_blank" title="Click to know more about PERCENT">PERCENT</a> is 105 - 100 = 5%</p></body></html>