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A utensil store is offering a 35% discount on the cooker with an MRP ₹1800. What is the selling price? If the cost price was ₹900, what is the percentage profit made after the sale?

Mathematics

ScanSolve AI Answer

Answer

₹1170\text{₹}1170

30%30\%

Step-by-step solution

4 steps
  1. Calculate the discount amount.

    The Marked Retail Price (MRP) is ₹1800.
    The discount offered is 35%.

    Discount amount=35%×1800\text{Discount amount} = 35\% \times 1800 Discount amount=35100×1800\text{Discount amount} = \frac{35}{100} \times 1800 Discount amount=0.35×1800\text{Discount amount} = 0.35 \times 1800 Discount amount=630\text{Discount amount} = 630

    The discount amount is ₹630.

  2. Calculate the selling price (SP).

    The selling price is the MRP minus the discount amount.

    SP=MRP−Discount amount\text{SP} = \text{MRP} - \text{Discount amount} SP=1800−630\text{SP} = 1800 - 630 SP=1170\text{SP} = 1170

    The selling price is ₹1170.

  3. Calculate the profit.

    The cost price (CP) is ₹900.
    The profit is the selling price minus the cost price.

    Profit=SP−CP\text{Profit} = \text{SP} - \text{CP} Profit=1170−900\text{Profit} = 1170 - 900 Profit=270\text{Profit} = 270

    The profit made is ₹270.

  4. Calculate the percentage profit.

    The percentage profit is the profit divided by the cost price, multiplied by 100%.

    Percentage Profit=ProfitCP×100%\text{Percentage Profit} = \frac{\text{Profit}}{\text{CP}} \times 100\% Percentage Profit=270900×100%\text{Percentage Profit} = \frac{270}{900} \times 100\% Percentage Profit=0.3×100%\text{Percentage Profit} = 0.3 \times 100\% Percentage Profit=30%\text{Percentage Profit} = 30\%

    The selling price is ₹1170\boxed{\text{₹}1170} and the percentage profit made after the sale is 30%\boxed{30\%}.

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