Question
Amit sold an electric iron for ₹ 5312 after giving a
discount of 17% on the market price. Had he not given the discount, he would have earned a profit of 28% what is the cost price (in ₹) of the electric iron?Solution
Let Market Price =100 After 17% discount selling price =100-17=83 ATQ- 83=5312 1=64 100=6400. Had he not given the discount, he would have earned a profit of 28%=100+28=128 128=6400 1= (6400)/128=50 100=5000
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