Question

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 suit is ₹156, find the marked price of the suit.

Answer 1

profit of 15%

 profit  = Rs 156

∴CP = 156×100÷15

= 1040.

∴profit  % = 15% , CP = 1040

⇒SP = 100+15÷100×1040

= 1196.

⇒SP = 1196 , Discount = 8 %

⇒MP = 100×SP÷100-Discount %

⇒ 100×1196÷100-8

⇒ Rs. 1300.  ANS

∴ Marked Price = Rs. 1300

Answer 2

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

Answer