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A shopkeeper offers 13% discount on a ca...

A shopkeeper offers 13% discount on a car tyre with a marked price of Rs 8800. If he still earns a profit of Rs 1200, what is the cost price of the tyre?

A

Rs 6450

B

Rs 6456

C

Rs 6654

D

Rs 6546

Text Solution

AI Generated Solution

The correct Answer is:
To find the cost price of the tyre, we can follow these steps: ### Step 1: Calculate the Selling Price The shopkeeper offers a 13% discount on the marked price of Rs. 8800. To find the selling price after the discount: - Discount = 13% of Rs. 8800 - Discount = (13/100) * 8800 = Rs. 1144 Now, subtract the discount from the marked price to find the selling price: - Selling Price = Marked Price - Discount - Selling Price = 8800 - 1144 = Rs. 7656 ### Step 2: Relate Selling Price to Cost Price We know that the selling price is also related to the cost price and profit: - Selling Price = Cost Price + Profit Given that the profit is Rs. 1200, we can express this as: - Selling Price = Cost Price + 1200 ### Step 3: Set Up the Equation Now we can set up the equation using the selling price we calculated: - 7656 = Cost Price + 1200 ### Step 4: Solve for Cost Price To find the cost price, we can rearrange the equation: - Cost Price = Selling Price - Profit - Cost Price = 7656 - 1200 - Cost Price = Rs. 6456 ### Final Answer The cost price of the tyre is Rs. 6456. ---
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