Question

Ram buys a cycle for Rupees 12960, inclusive of G.ST. 8% from a dealer. The dealer sells at 20% discount.Find the M.P. and the amount paid by the dealer to the wholesaler who sold at 30% discount.

Answer 1

Answer: M.P. is 16200 and Dealer paid 11340 to wholesaler

Step-by-step explanation:

Dealer to Customer - 20% less = 80% = 12960

Wholesaler to Dealer - 30% less = 70% of M.P.

So, M.P = 12960x100/80 = 16200

Dealer paid to wholesaler = 70% of M.P. = 70% of 16200 = 11340