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A grinder was marked at ₹ 3,600. After given a discount of 10% the dealer made a profit of 8%. Calculate the cost price.
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- ₹ 3,000
- ₹ 3,312
- ₹ 3,240
- ₹ 2,960
Correct Option: A
Here , marked price = ₹ 3,600 , discount = 10% , profit = 8%
If the C.P. of grinder be y, then
| = | = 3240 | ||
| 100 | 100 |
| ⇒ y = | = ₹ 3000 | |
| 108 |
Second method :
Given that , M.P. = ₹ 3600, D = 10%, r = 8%, C.P. = ?
| = | ||
| C.P. | 100 − D |
| = | ||
| C.P. | 100 − 10 |
| C.P. = | ||
| 108 |
| C.P. = | = ₹ 3000 | |
| 12 |