Question

A dealer allows a discount of 20% to his customer and stills gains 20%. Find the marked price of an article which cost the dealer 1650Rs

Answer 1

Answer:

Rs 2475  

 Step-by-step explanation:

Marked price = M Rs

Discount = (20/100)M = 0.2 M

Selling Price = M - 0.2M = 0.8M

Cost Price = 1650

Gain = (20/100) * 1650 = 330

Selling Price = 1650 + 330 = 1980

0.8 M = 1980

M = 1980/0.8

M = 2475