What price should a shopkeeper mark on an article that cost him ₹600 to gain 20℅ after allowing a discount of 10℅
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Answer:
Given gain percentage =20% and the CP of an article =Rs 600
Now, Gain =100600×20=Rs 120
By using formula SP= gain +CP
SP=Rs 600+Rs 120=Rs 720
Suppose the MP=x
Since, he allow a discount =10%
As per question,
⇒x−10% of x=Rs 720
⇒x−10010×x=720
⇒10090x=720
⇒x=90720×100=Rs 800
Step-by-step explanation:
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