Question

A trader purchased an item for Rs. 1000. After giving a 20% discount on the list price, he made 44% profit on his cost Find the list price.

Answer 1

Answer:

First we find S.P

S.P = (100+ gain%) / 100 × C.P

S.P = (100 + 44) / 100 × 1000

S.P = 144/100 ×1000

S.P = 1.44 × 1000

S.P = 1440

List price(L) = S.P /( 1 - Discount%/100)

L = 1440 / ( 1 - 20%/100)

L = 1440 / (1 - 0.20)

L = 1440 /0.80

L =1800

List price = 1800

Hope! u understand ☺️☺️☺️☺️