Multiple choice

Ronaldo bought a computer having marked price $4000. The shopkeeper gave him a discount of 12%. In this transaction the shopkeeper gained 10%. What was the cost price of the computer?

  1. $3200
  2. $3520
  3. $3600
  4. $4020
  5. $4790
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Marked price = 4000. Discount = 12% of 4000 = 480. Selling price = 4000 - 480 = 3520. Gain = 10%. Cost price = SP / 1.10 = 3520 / 1.1 = 3200.

AI explanation

First, calculate the selling price after the discount by subtracting 12% from the marked price of \$4000, which gives \$3520. Since this selling price yields a 10% profit, the cost price equals Selling Price multiplied by 100 divided by the quantity 100 plus the profit percentage. Calculating 3520 times 100 divided by 110 gives a cost price of $3200.