Question

Please help me with this question

Answer 1

→ Given Gain percentage = 20%

→ And the CP of an article = ₹3256

Now, Gain = (CP × Gain % )/100

So, Gain = (3256 × 20)/100 = 651.2

Hence, Gain = ₹651.2

Now, By Using Formula SP = Gain + CP

SP = 651.2 + 3256 = 3907.2

Hence, SP = ₹3907.2

→ Now, let suppose MP is x

→ Since, He allow a discount = 12%

→ According to the question

x - 12% of x = ₹ 3907.2

→ Hence,

x - (12 × x )/100 = 3907.2

(100x - 12x)/100 = 3907.2

88x/100 = 3907.2

88x = 3907.2 × 100

88x = 390720

x = 390720/88

x = 4440

Hence, MP = ₹4440

I hope it helps you ❤️✔️