Mohit sold an article for Rs. 18000. Had he offered a discount of 10% – InterviewSolution

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1.

Mohit sold an article for Rs. 18000. Had he offered a discount of 10% on the selling price, he would have earned a profit of 8%. What is the cost price of the article?

Answer»

15,000 RS.

Let the CP be Rs. X.

Had he offered 10% discount, profit = 8%

Profit = 8/100 x and hence his SP = x + 8/100 x = Rs. 1.08x = 18000 - 10/100(18000) = 18000 - 1800 = Rs. 16200

=> 1.08x = 16200

=> x = 15000

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