a dealer buys a sofa set from 24000 at what price must he market so that after allowing a discount of 20% he still makes a profit of 30%
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Answer:
40500
Step-by-step explanation:
Let the price be x.
He buys a sofa for 24000. Profit = 30%.
SP = (24000 * 130)/100
= 32400
Discount = 20%.
=> x - 20% of x = 32400
=> x - (20/100) * x = 32400
=> 80x/100 = 32400
=> x = 40500.
Hence, the price is 40500.
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