Question

The list price of a table fan is Rs 480 and it is available to a retailer at 25% discount. For how much should a retailer sell it to gain 15%.

Answer 1

retailor will buy it at 480*75%=360

no to make 15% he will sold it at 115% thus

360*115/100 = 23*18=414

Answer 2

Price at which retailer buys
480-25/100x480=Rs. 360
To earn 15% profit
360+15/100x360=360+54=Rs. 414