Question
Amit sold an electric-iron for ₹ 2,656 after giving a
discount of 17% on the marked 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
Solution-Let Market Price =100
After 17% discount selling price =100-17=83
ATQ-
83=2656
1=32
100=3200.
Had he not given the discount, he would have earned a profit of 28%=100+28=128
128=3200
1= (3200)/128=25
100=2500.
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