22. What price should Aslam mark on a pair of shoes which costs him Rs 1200 so as to gain
12% after allowing a discount of 16%?
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Answer:
₹ 1600
Step-by-step explanation:
CP of pair of shoes = ₹ 1200
Gain = 12%
100% = ₹1200
1% = 1200 ÷ 100 = 12
gain = 12% = 12 × 12 = ₹144
=1200+144
=1344
= Discount = 16%
= (100 × SP) / (100 - Discount)
= ( 100 × 1344 ) ÷ ( 100 - 16 )
= 134400 / 84
= 1600
∴ Aslam should mark pait of the shoes at ₹ 1600
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