Question

A dealer allows a discount of 16 % to his customers and still gains 5%. find the Marked price of a table which cost him rs1200.

Answer 1

Cp of the table =1200, gain =10%
Sp = 1320
Let marked price be x
Then discount = 16% of x
=4/25x
Sp = mp-discount
=x-4/25x
=21/25x
But sp =1320
21/25x=1320
1571. 4

Answer 2

cp=1200                    gain=5%                     sp=(1200*100+5) divided by 100=1260                  mp=(1260*100)dived by (100-16)=1500