Priti allows 8% discount on the marked price of the suits and still makes a profit of 15%. If her gain over the sale of a is Rs 156, Find the marked price of a suit
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Step-by-step explanation:
Gain % = 15% , Gain = 156
CP = 156×100÷15
= 1040.
Gain % = 15% , CP = 1040
SP = 100+15÷100×1040
= 1196.
SP = 1196 , Discount = 8 %
MP = 100×SP÷100-Discount %
= 100×1196÷100-8
= Rs. 1300.
So, Marked Price = Rs. 1300.
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