what price shopkeeper mark on an article which cost him ₹ 880 so as to gain 25% after allowing a discount of 12%
aryan94:
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CP = 880
MP = ?
SP = CP + profit = CP + CP * 25/100 = 5 CP / 4 = 1100
SP = MP - discount = MP - MP * 12/100 = MP * 88/100
So MP = 1100 * 100 /88 = 1,250.
answer.
MP = ?
SP = CP + profit = CP + CP * 25/100 = 5 CP / 4 = 1100
SP = MP - discount = MP - MP * 12/100 = MP * 88/100
So MP = 1100 * 100 /88 = 1,250.
answer.
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