Question

A dealer allows a discount of 16% to his customers and still gains 5%. Find the marked price of the table which costs him $ 1,200.​

Answer 1

Step-by-step explanation:

Solution: Here, C.P. of a table = $1,200 Profit= 5%

Profit= 5% of $1,200

=. 5/100*1,200= $60

Hence, S.P. of a table= C.P. + Profit

= $ 1,200 + $ 60 = 1,260

Also,. Discount = 16%

Therefore,. M.P. = S.P.*100

100 - Discount%

= $ 1,260 *100

100-16

= 1,260*100

84

=$ 1,500.

Hence, the marked price of a table is

$1,500.

Hope it will help you.

Answer 2

The marked price of the table is = 1500$✔✔