a bookseller makes a profit of 25% after allowing 20% discount on the MRP. Selling this book he makes a profit of Rs.12. Find the MRP
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Step-by-step explanation:
Profit = 20% = 360 Rs
So, Cost Price = 360 / 20 * 100 = 1800 Rs
And Sales Price = 1800 + 360 = 2160 Rs
Discount = 25% of marked price
So Sales Price = (100 - 25) % = 75% of marked price
=> 2160 = 75% of marked price
=> marked price = 2160 / 75 * 100 = 2880 Rs
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