Question

12. A toy merchant allows 25% discount on the marked price of the toy and still makes a
profit of 20%. If he gains 360 at the sale of one toy, find the marked price of the toy.
(Hint: First find the C.P. of a toy.)​

Answer 1

Step-by-step explanation:

Let marked price be x

selling price = marked price - discount

=x

100

−25

x

=

100

75

x=

4

3

x

Gain % =

CP

Gain

×100

CP=

20

360

×100=1800 Rs

So, Gain = SP - CP

360=

4

3

x−1800

⇒2160=

4

3

Rs

S x=

3

2160×4

=2880 Rs