cycle dealer allows a discount of 16% to his costumer and still get a profit of 20%. find the marked price of the cycle if C.P= 1190
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Answer:
1700 rs
Step-by-step explanation:
Cost price = 1190 RS
discount = 16%
profit = 20%
find out the mark price
solutions
as we know that discount always works on mark price so let us consider that mark price is X rs
then
X×84/100×100/120 = 1190
=> X = 1190×120/100×100/84
=> 1190×120/8
=> x = 1700. rs
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