Question

A dealer purchased a television set for ` 15300. He allows a discount of 15%
on its marked price and still gains 10%. What was the marked price of the
television set?

Answer 1

Answer:

CP=Rs.15300

Since,gain=10%

Therefore,SP=100+10/100×15300=Rs.16830

Let MP be Rs.x

Then discount=15% of x=Rs.3/20x

We know that MP-Discount=SP

therefore,x-3/20x=Rs.16830

20-3/20x=16830

17/20x=16830

x=16830×20/17

x=Rs.19800

Hence,Mp=19800