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A cycle dealer offers a discount of 10 % and still makes a profit of 26 %. What does he pay for a cycle whose marked price is ₹ 840 ?
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- ₹ 600
- ₹ 650
- ₹ 700
- ₹ 750
Correct Option: A
Let C.P. of cycle = Rs. p
| ∴ 840 × | = | ||
| 100 | 100 |
⇒ p × 126 = 840 × 90
| ⇒ p = | = ₹ 600 | |
| 126 |
2nd method to solve this question.
Here, r = 26%, D = 10%, M.P. = ₹ 840
| = | ||
| C.P. | 100 − D |
| = | ||
| M.P. | 100 − 10 |
| C.P. = | = Rs. 600 | |
| 126 |