Question

A merchant allows 25% discount on the marked price of a cycle and still makes a profit of 20% .if he gains Rs 360 over the sale of one cycle , find the marked price of a cycle

Answer 1

Answer:

P%of CP=gain

20/100×CP=360

CP=360×100/20

CP=₹1800

SP=CP+gain

=1800+360

=₹2160

MP=SP×100/100-D%

=2160×100/75

=₹2880