Question

What price a trader mark on an article that costs him Rs 950 to gain Rs 190 after allowing a
discount of 15 %?

Answer 1

Answer:

1341.176

Step-by-step explanation:

Cost = 950

Profit = 190

Selling Price = 950+ 190 = 1140

now, let the trader marks price on the article = X

discount = 15% of X = 15X/100 = 3X/20.

Selling Price = marked price - discount = X - 3X/20 = 17X/20.

equating Selling Price, we get X = 1341.176

so,marked Price = 1341.176