a sports dealer sells cricket bats , costing Rs 980 each . at what price must he mark each of them ao as to make a profit of 12% after giving a discount of 20% ?
Answers
20% discount=1/5
It means
the ratio of mark price to selling price= 5:(5-1)=5:4
12% profit=3/25
It means
The ratio of cost price to selling price=25:(25+3)=25:28
Multiply the ratio of mark price to selling price by 7 to make the selling price equal.
So, we have a new ratio:
the ratio of mark price to selling price= 35:28
Now, we have given the cost price equal to Rs 980.
So, we have
25=980
1=39.2
35= 39.2*35=1372
It means mark price=1372
Therefore, the price of bat that must be marked at Rs 1372.
Answer:
20% discount=1/5
It means
the ratio of mark price to selling price= 5: (5 - 1) = 5/4
12% profit = 3/25
It means
The ratio of cost price to selling price=25: (25 + 3) = 25/28
Multiply the ratio of mark price to selling price by 7 to make the selling price equal.
So, we have a new ratio:
the ratio of mark price to selling price= 35:28
Step-by-step explanation:
Now, we have given the cost price equal to Rs 980.
So, we have
25 = 980
1 = 39.2
35=39.2^ * 35 = 1372
It means mark price = 1372
Therefore, the price of bat that must be marked at Rs 1372.