A shopkeeper bought a suit for 16000 rupees .after allowing a discount of 20 percent on marked price stil he earns 30 percent find the marked price of the suit with solution.
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Answered by
7
sp = (100+30/100) *16000
sp = 160*130
sp = 20800
mp = (100/100- 20)* 20800
mp = 26000
sp = 160*130
sp = 20800
mp = (100/100- 20)* 20800
mp = 26000
Answered by
14
Find the markup :
30% x 16000 = 0.3 x 16000 = Rs 4800
Find the price with markup:
Price = 16000 + 4800 = Rs 20,800
Find the marked price before discount:
Discount = 20%
Percentage after discount = 100 - 20 = 80%
80% = 20,800
1% = 20800 ÷ 80 = Rs 260
100% = 260 x 100 = Rs 26000
Answer: The marked price is Rs 26000
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