Question

discount of 16% to his customers still gains 20% find the Marked price of ring which caused this weather 1190​

Answer 1

Answer:

Marked Price = 1700  if cost Price = 1190

Cost Price = 0.7 times the Marked Price

Step-by-step explanation:

Let say Marked Price = 100 M

discount of 16%  = (16/100)100M = 16M

Selling Price = 100M - 16M = 84M

Let say cost Price = C

Gain of 20 %  = (20/100)C = 0.2C

Selling Price = C + 0.2C = 1.2C

84M = 1.2C

=> C = 70M

=> C = 0.7 * 100M

=> Cost Price = 0.7 times the Marked Price

if Cost price = 1190

Then Marked price = 1190/0.7 = 1700