Question

A dealer offers a cash discount of 20% and still makes a profit of 20%, when he further allows 16 articles to a dozen to a particularly sticky bargainer. How much per cent above the cost price were his wares listed ?​

Answer 1

Answer:

100%

Step-by-step explanation:

Let the C.P. of the article be ₹x,Since he earns a profit of 20%,Hence S.P.=₹x+20%of x

S.P=₹1.2x

It is given that he incurs loss by selling 16 article at cost of 12 article

Therefore,Loss=16-12×100/16

Loss=4×100/16=25%

His selling Price=S.P-25%of S.P=S.P×0.75

Hence,

S.P×0.75=1.2x

S.P=1.2x/0.75

S.P=1.6x

This SP is arrived after giving a discount of 20% on Marked Price (M.P.)

Let M.P.=₹y

Therefore,

y-20%of y =S.P

0.80y=1.6x

y=2x

Hence,

It means that the article has been marked 100% above the cost Price or we can say that marked price was the twice of the cost price

Hope it helps.....

Answer 2

Answer:sorry bro I'm not sure in this solution

Step-by-step explanation: