marked price. Find the gain or loss per cent made by the shopkeeper.
8. A dealer purchased a fan for 1080. After allowing a discount of 25% on its marked price
he gains 25%. Find the marked price of the fan.
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Answer:
Step-by-step explanation:
GIVEN CP =1080 RS.
NOW IF MP =100 THEN AFTER 25%DISCOUNT
SP =75
MP:SP = 4:3..................(1)
NOW IF CP =100 THEN AFTER 25% PROFIT
SP =125
THEN SP:CP = 5:4............(2)
BY (1) AND (2)
MP:SP:CP = 20:15:12
GIVEN 12---------> 1080
THEN 20 = 1800
THEREFORE MP = RS. 1800
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