what price should a dealer marks on an article which costs him 440 rupees so as to have profit of 26% after allowing a discount of 12%
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Step-by-step explanation:
Let the SP of article be rs x
SP = (P%+100)/100×CP
SP = (25+100)/100×440
SP = 125/100×440
SP = Rs 550
Shopkeeper allows a discount of 12%
It means that after allowing the discount of 12% on the price of the article the new price will become Rs 550
Let the price be a
a - 12a/100 = 550
88a/100=550
a = 55000/88 = Rs 625
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