Question

if a dining table has a rate of discount 20% and an sp of 16000 find mp and amount of discount

Answer 1

MP =19200 and discount = 3200 therefore SP= 16000

Answer 2

let the MP be x
then discount=20%of x
=20/100*x=1/5*x
SP=MP-discount
16000=x-1/5*x
16000=4/5*x
x=16000*5/4
=4000*5
=20000