Question

14. A dealer allows a discount of 12% on the marked
price of an article and still gains 15%. Find the
marked price of the article which costs him
Rs 4400.​

Answer 1

Step-by-step explanation:

given,

CP=₹4400

gain=15%

SP = (100+gain)÷100 * CP

i.e, ₹{(100+15)÷100 × 4400

= ₹(44 × 115) = ₹5060

let the marked price be ₹x. Then,

(100-12)÷100 × x = 5060

=> x = 5060 × 100

88

=> x = 5750

i, e marked price = ₹5750