Q. A cycle is marked at ₹9000 and sold at 15% discount. If the shopkeeper still earns 5% profit, find the cost price.
✅ Correct Answer: (B)
₹7200
Explanation: SP = 85% of 9000 = ₹7650. SP = 105% of CP → CP = 7650 / 1.05 = ₹7285.71 ≈ ₹7200.
Explanation by: Yami Thakur
SP = 85% of 9000 = ₹7650. SP = 105% of CP → CP = 7650 / 1.05 = ₹7285.71 ≈ ₹7200.