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A trader marks his goods in such a way that after allowing a discount of 10% he still gains 12.5%. If an article costs him 1440, what is its marked price?
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Step-by-step explanation:
Cost Price of the article= Rs. 1440
So Sale Price of the article= Rs1440 x 112.5 = Rs. 1620
So now
S.P= Marked Price x (100-D)/100
S.P =M.P x 0.90.
So Marked Price = Rs 1620/0.9
Marked Price = Rs 1800.00
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