Question

A shopkeeper purchased a sewing machine for ` 1200. He sells it at discount of 10% and still makes a profit of 8%. Find (i) the selling price (ii) the marked price

Answer 1

CP=1200
Gain %=8%
SP=(100/100+8/100)*1200
=27/25*100
=108
SP=1200+108
=1308

Answer 2

Answer:

a)1296 b)1440

Step-by-step explanation:

a) sp=cp+p%/100*cp

       =1200+8/100*1200

       =1200+96

       =1296

b)mp=(100*1296)/(100-10)

       =1440