A jeweller allows a discount of 16 percent to his customer and still gains 20 percent.................
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CP=1190
DISCOUNT=16%
GAIN%=20%
MP=?
SO, G%=GAIN/CP×100
20=G/1190×100
20×1190/100=G
238=G
SP=CP+G
SP=1190+238
SP=1428
MP =100/100-D% OF SP
MP =100/100-17 ×1428
MP =100/83 ×1428
MP =RS 1720.48
DISCOUNT=16%
GAIN%=20%
MP=?
SO, G%=GAIN/CP×100
20=G/1190×100
20×1190/100=G
238=G
SP=CP+G
SP=1190+238
SP=1428
MP =100/100-D% OF SP
MP =100/100-17 ×1428
MP =100/83 ×1428
MP =RS 1720.48
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