An art dealer sells a painting for Rs.6,600, making a profit of 10% after paying Rs. 600 in restoration charges.
An art dealer sells a painting for Rs.6,600, making a profit of 10% after paying Rs. 600 in restoration charges. What was the original purchase price?
एक चित्रकार व्यापारी ने एक पेंटिंग को ₹6,600 में बेचा, और ₹600 की मरम्मत खर्च करने के बाद 10% का लाभ कमाया। मूल क्रय मूल्य क्या था?
Detailed Solution & Logic
Rs.5,400/ Rs.5,400 रुपये
iven:
-
Selling Price (S.P.) = Rs 6,600
-
Profit = 10%
-
Restoration charges = Rs 600
We need to find the original purchase price (C.P.).
Step 1: Let the effective cost price including restoration be $C$
Profit = 10%, so:
$S.P. = C \times \left(1 + \frac{10}{100}\right) = C \times 1.1$
Substitute $S.P. = 6600$:
$6600 = C \times 1.1$
$C = \frac{6600}{1.1} = 6000$
Step 2: Deduct restoration charges to get original purchase price
Original C.P. = $C - \text{Restoration charges} = 6000 - 600 = 5400$
✅ Answer: Original purchase price = Rs 5,400
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