Asked by Rock
A radio sold with a discount of 25% on the marked price leads to a loss of Rs. 200. If it was sold at a discount of 10%, it would have yield a profit of 8%. Find the cost price and marked price of the radio?
Answers
Answered by
bobpursley
Profit= marked-cost
a. the first discount
-200= .75marked-cost
b.
1.08cost=.9marked-cost
or 0=.8marked-2.08cost
now you have two equations, two unknowns.
solve.
a. the first discount
-200= .75marked-cost
b.
1.08cost=.9marked-cost
or 0=.8marked-2.08cost
now you have two equations, two unknowns.
solve.
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.