Lifestyle shopkeeper allows a discount of 50% for a formal shirt but still gains 10%. Find the marked price
(in Rs.) of that shirt which cost him Rs. 10,000
Answers
Answered by
5
Answer:
your answer is 600 ....
Answered by
12
Step-by-step explanation:
Answer:
Rs 600
Step-by-step explanation:
Hi,
Let the marked price of an article be 'X'
Shopkeeper allows a discount of 10%,
Selling Price = Marked Price - Discount
= X - 10%X
= X(1 - 1/10)
= 9X/10
Given that shopkeeper gains 20 %,
Gain Percentage = ( Selling Price - Cost Price )/Cost Price * 100
20 = [(9X/10 -450)/450]*100
9X/10 - 450 = 90
9X/10 = 540
X = 600
Hence, the Marked Price of the article is Rs 600.
Hope, it helps !
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