how to find market price when selling price and discount is given
nik11:
i have exam 2 morow plz answer this
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MP=[100/(100-discount)]*SP
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Market Price is the price which on which some discount is given and then the item is sold at a price which is the selling price. Let d% discount is given and it is sold at price P after the discount. So we need to find the market price.
Let the market price be M.
d% of M =
So P = M - 0.01Md
⇒ P = M(1-0.01d)
⇒ M =
So market price is
Let the market price be M.
d% of M =
So P = M - 0.01Md
⇒ P = M(1-0.01d)
⇒ M =
So market price is
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