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A Shop owner gives a discount of 10% on ...

A Shop owner gives a discount of 10% on the marked price of a radio, hut in the bargain makes a profit of 10%. If the marked price is 330%. The cost price in rupees -

A

Rs 297

B

Rs 300

C

Rs 315

D

Rs 270

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The correct Answer is:
To find the cost price of the radio, we can follow these steps: ### Step 1: Identify the Marked Price The marked price (MP) of the radio is given as Rs. 330. ### Step 2: Calculate the Selling Price The shop owner gives a discount of 10% on the marked price. Therefore, the selling price (SP) can be calculated as follows: \[ \text{Discount} = 10\% \text{ of } \text{MP} = \frac{10}{100} \times 330 = 33 \] Now, subtract the discount from the marked price to find the selling price: \[ \text{SP} = \text{MP} - \text{Discount} = 330 - 33 = 297 \] ### Step 3: Calculate the Cost Price The shop owner makes a profit of 10% on the cost price (CP). We know that: \[ \text{SP} = \text{CP} + \text{Profit} \] Since the profit is 10% of the cost price, we can express it as: \[ \text{Profit} = 10\% \text{ of } \text{CP} = \frac{10}{100} \times \text{CP} = \frac{1}{10} \times \text{CP} \] Thus, we can rewrite the selling price equation as: \[ \text{SP} = \text{CP} + \frac{1}{10} \times \text{CP} = \frac{10}{10} \text{CP} + \frac{1}{10} \text{CP} = \frac{11}{10} \text{CP} \] Now, we can rearrange this to find the cost price: \[ \text{CP} = \frac{10}{11} \times \text{SP} \] ### Step 4: Substitute the Selling Price Now substitute the selling price we calculated earlier: \[ \text{CP} = \frac{10}{11} \times 297 \] Calculating this gives: \[ \text{CP} = \frac{2970}{11} = 270 \] ### Conclusion The cost price of the radio is Rs. 270. ---
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