Question

A dealer buys a sofa set for Rs. 30000. At what price must he mark it so that after allowing a discount of 10 % , he still makes a profit of 5 %. Please solve this sum using formulas.​

Answer 1

Answer:

Let the maked price be p. If he gives a discount of 10%, then selling price becomes p(1-10/100)=0.9p

5% of 30000=1500. If he wants 1500 profit, then selling price will be 30000+1500=31500

0.9p=31500

p=31500/0.9=315000/9=35000

Answer 2

Step-by-step explanation:

35000 he have to mark the price