what price should A shopkeeper mark on a mixer grinder which cost him rupees 2,000 so as to gain 5% after allowing a discount of 25%
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Answered by
7
Answer:
Let the SP of article be rs x
SP = (P%+100)/100×CP
SP = (25+100)/100×880
SP = 125/100×880
SP = Rs 1100
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 1100
Let the price be a
a - 12a/100 = 1100
88a/100=1100
a = 110000/88 = Rs1250
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22
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