Supriya made a profit of 8% by selling a t-shirt after offering a discount of 10%. If the marked price of the t-shirt is Rs. 1,080, then find its cost price (in Rs.) for Supriya.
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e 900.
Let the CP be x
Discount = 10% and Profit = 8%
⇒ S.P. = C.P. + P%
⇒ S.P. = x + 8% of x
⇒ S.P. = 1.08x
⇒ S.P. = M.P. - D%
⇒ 1.08x = M.P. - 10% of M.P.
⇒ M.P. = 1.08x/0.9 = 1.2x
The marked price of the T-shirt is Rs. 1,080
⇒ 1.2x = 1080
⇒ x = 900
Thus, the C.P. = Rs.900