Question

Sita allows 8% discount on the marked price of the suits and still makes a profit of 15%. if her again over the sale of suits is rs 156, find the marked price of the suit​

Answer 1

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 2

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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 - Discount %

= 100 × 1196 ÷ 100 - 8

= Rs.1300

So, Marked Price = Rs.1300.