Question

hey guys pls help me answer it.....
What price should a shopkeeper mark on an article that costs him ₹600 to gain 20% after allowing a discount of 10%.

Answer 1

hey mate
here's the solution

Answer 2

Given, Cost price = 600, Gain = 20% = 1.2.

We know that Selling price = (100 + Profit%/100) * CP

                                             = (120/100) * 600

                                             = 720.

So, Selling price = 720/-

Let the marked price be x. Given Discount = 10% = 90/100 = 0.9.

⇒ x * 0.9 = 720

⇒ x = 720/0.9

⇒ x = 800.

Therefore, Marked price of the article = 800.

Hope it helps!