Question
The ratio of cost price to marked price of a mixer is
6:7. It is sold for Rs. 9450 after giving a discount of 10%. Find the profit earned.Solution
ATQ, Let MP = 7x and CP = 6x Discount = 10% So, SP = 90% of MP 7x × 90/100 = 9450 Or, 63x/10 = 9450 Or, x = 1500 CP = 6x = 6 × 1500 = 9000 SP = 9450 Profit = 9450 − 9000 = 450
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