Question

A coir mat costs rs 1440. the seller marks the price of the mat in such a way that after giving a discount 10% on the marked price, thereis still a profit of 1% on the cost price. what was the marked price? (please solve with method)

Answer 1

He gave discout of 10% but still got 1% of profit. It means he increased value by 11%.

So, 1440*11/100=158.4

1440+158.4 =1598.4 Rs