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  1. A profit of 10% is made after giving a discount of 5% on a T. V. If the marked price of the TV is ₹ 2640.00, the cost price of the TV was :
    1. ₹ 2280
    2. ₹ 2296
    3. ₹ 2380
    4. ₹ 2396
Correct Option: A

Here , profit = 10% and discount = 5%
Let the C.P. of TV be y, then

y × 110
= 2640 ×
95
100100

⇒  y =
2640 × 95
= ₹ 2280
110

Second method :
Here, r = 10% , D = 5% , M.P. = ₹ 2640 , C.P. = ?
We can find required answer with the help of given formula ,
M.P.
=
100 + r
C.P.100 − D

2640
=
100 + 10
C.P.100 − 5

C.P. =
2640 × 95
110

C.P. = 24 × 95 = ₹ 2280



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