Question

A shopkeeper makes a profit of 16% after giving 13% discount on marked price. If his gain is Rs30, find the marked price.​

Answer 1

Answer:

Gain=Selling Price-Cost Price

if Rs. 16 is profit then Rs.100 is the cost price.

thus by unitary method if Rs.30 is profit then cost price is=30×10060=187.5

C.P=Rs.187.5

selling price=(30+187.5)=217.5

let marked price be X.

=>X−13X100=217.5

=>87X100=217.5

=>X=Rs.250