SOLUTION: Tanuja buys a t.v ,marks it 20% above cost and later offers a discount of 10%.if the profit made by tanuja is Rs.2480,find the cost price of the t.v(in Rs.)?

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Question 976650: Tanuja buys a t.v ,marks it 20% above cost and later offers a discount of 10%.if the profit made by tanuja is Rs.2480,find the cost price of the t.v(in Rs.)?
Found 2 solutions by FrankM, MathTherapy:
Answer by FrankM(1040) About Me  (Show Source):
You can put this solution on YOUR website!
The cost is 100%. It was marked up to 120%, then down to 108%.
Profit of 2480 is 8%, so 2480/.08 = 31,000 original cost

Answer by MathTherapy(10552) About Me  (Show Source):
You can put this solution on YOUR website!

Tanuja buys a t.v ,marks it 20% above cost and later offers a discount of 10%.if the profit made by tanuja is Rs.2480,find the cost price of the t.v(in Rs.)?
Cost price: Rs highlight_green%2831000%29