An item that a store originally sold for R6 950,82 was offered at a di

1.	An item that a store originally sold for R6 950,82 was offered at a discount of 8,5%. The store still made a 20% profit on sale. The price that the store originally paid for the item is
Answer» Given : An ITEM that a store ORIGINALLY sold for Rs 6 950.82 was offered at a DISCOUNT of 8,5%. The store still made a 20% profit on sale. To Find : The price that the store originally paid for the item Solution: Let say store originally paid amount =Rs C store made a 20% profit on sale = (20/100)C = Rs 0.2C SELLING Price = C + 0.2C = Rs 1.2C store originally sold for Rs 6950.82 Discount = 8.5 % Discount = (8.5/100)6 950.82 = Rs 590.82 Selling Price = 6950.82 - 590.82 =Rs 6360 1.2C = 6360 => C = 5300 The price that the store originally paid for the item is Rs 5300 Learn More: find cp when sp =630 and profit% =5 - Brainly.in brainly.in/question/7596437 Find SP (a) CP=950, gain% =6% (b)CP =9600, gain% =16% brainly.in/question/7786577 find the profit %or loss % when =cp=2500,sp=2350 brainly.in/question/13199211

An item that a store originally sold for R6 950,82 was offered at a discount of 8,5%. The store still made a 20% profit on sale. The price that the store originally paid for the item is

Answer»

Given : An ITEM that a store ORIGINALLY sold for Rs 6 950.82 was offered at a DISCOUNT of 8,5%. The store still made a 20% profit on sale.

To Find : The price that the store originally paid for the item

Solution:

Let say store originally paid amount =Rs C

store made a 20% profit on sale = (20/100)C = Rs 0.2C

SELLING Price = C + 0.2C = Rs 1.2C

store originally sold for Rs 6950.82

Discount = 8.5 %

Discount = (8.5/100)6 950.82 = Rs 590.82

Selling Price = 6950.82 - 590.82 =Rs 6360

1.2C = 6360

=> C = 5300

The price that the store originally paid for the item is Rs 5300

Learn More:

find cp when sp =630 and profit% =5 - Brainly.in

Find SP (a) CP=950, gain% =6% (b)CP =9600, gain% =16%

find the profit %or loss % when =cp=2500,sp=2350