Question

A jweller allows a discount of 16% to his costomber and still gain 20% . find the market price of a ring which cost the jweller ₹1190​

Answer 1

Answer:

The price of the ring which the shopkeeper bought= 1190

The price of the ring the shopkeeper asked the customer=1190+36%=1618.4

After the discount=1618-16%=1359

Net profit=1359-20%=1087.5648

Hope it helped you

Thank you

Answer 2

Answer:

Step-by-step explanation:

The cp of the jewelry=₹1190

Gain =20%

So sp =(120/100)(cp)

=(120/100)(1190)

=12×119

=₹1428

Now discount=16%

So MP=(100×sp)/(100-d%)

=(100×1428)/84

=₹1700

Thus marked price of the jewelry is ₹1700

Thank you