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Step-by-step explanation:
let the market price be 100x
on discount of 8% sp = 100x-100x×8/100
sp= 100x-8x
sp= 92x
gain%=15%
gain=156
gain%= (gain/cp)×100
15=(156/cp)100
15cp= 15600
cp= 1040
now,
sp= cp(1+G%/100)
92x= 1040(1+15/100)
92x= 1040×(115/100)
92x= 1040×23/20
92x= 52×23
x= (52×23)/92
x= 52/4
x= 13
market price is 100x
100×13
=1300
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