Question

A dealer bought a refrigerator for rupees 11515.after allowing a discount of 16%on its marked price he gains 20%.find the marked price of refrigerator.

Answer 1

MP=13708.3333.Hope this helps you!!!

Answer 2

Answer:

The marked price of the refrigerator is Rs 16450 .

Step-by-step explanation:

As given

A dealer bought a refrigerator for rupees 11515.after allowing a discount of 16%on its marked price he gains 20%.

20% is written in the decimal form

$= \frac{20}{100}$

= 0.20

Gain amount = 0.20 × Cost price of the refrigerator

                     = 0.20 × 11515

                    = Rs 2303

Thus

Selling price of the  refrigerator  = Cost price of the refrigerator  + Gain amount

Put all the values in the above

Selling price of the  refrigerator = Rs 11515 + Rs 2303

                                                     = Rs 13818

Let us amount the marked price of the  refrigerator  be y .

16% is written in the decimal form

$= \frac{16}{100}$

= 0.16

Thus

Discount on the refrigerator = 0.16 × Marked price of the refrigerator .

                                               = 0.16y

Thus

Marked price - Discount on the refrigerator = Selling price

Put all the values in the above

y - 0.16y = 13818

0.84y = 13818

$y = \frac{13818}{0.84}$

y = Rs 16450

Therefore the marked price of the refrigerator is Rs 16450 .