Question

After allowing 20% discount to the customer,dealer still gains 28%. Find the cost price of the fan whose marked price is Rs. 1600??

Answer 1

directly relevant for not only entrance exams (like GMAT, GRE, CAT), but also for the MBA syllabus like Accounting, Financial Statements and more. In this article we cover the basic definitions, formulas, solved examples and wrap it up with some practice questions.