Question

A retailer allowed 12% discount and sold a T-shirt at a loss of Rs 16. If he had sold it at a discount he would have gained Rs 20. For what price did he purchase the T-shirt

Answer 1

Step-by-step explanation:

Let the marked price be M.

A/C to question,

SP=0.88M.

since, cp-sp=16. (given)

=} CP= 16+0.88M

Again

SP=0.9M

since,SP-CP=20

Now,

16+0.88M=0.9M-20

=} 0.9M-0.88M=20+16

=}0.02M=36

=}M=1800

Hence,CP of tshirt is ®s1800