sport dealersells tennis racket cost rupees 1200 if he wishes to make a profit of 16%after giving a discount of 20./. Find the marked price
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Answer:
1372 ruppees
Step-by-step explanation:
Step-by-step explanation:
EnyoAmbitious
20% discount=1/5
It means
the ratio of mark price to selling price= 5:(5-1)=5:4
12% profit=3/25
It means
The ratio of cost price to selling price=25:(25+3)=25:28
Multiply the ratio of mark price to selling price by 7 to make the selling price equal.
So, we have a new ratio:
the ratio of mark price to selling price= 35:28
Now, we have given the cost price equal to Rs 980.
So, we have
25=980
1=39.2
35= 39.2*35=1372
It means mark price=1372
Therefore, the price of bat that must be marked at Rs 1372.
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