Question

What price should a shopkeeper mark on an article which cost him*3256 so as to gain 20% after allowing a discount of 12%?​

Answer 1

Answer:

The price of the article is Rs.800.

Step-by-step explanation:

Given : A shopkeeper mark on an article which costs him Rs.600 to gain 20% after allowing a discount of 10%.

To find : What price should a shopkeeper mark on an article?

Solution :

CP= Rs.600

Gain = 20%

SP = \frac{G\%+100}{100}\times CPSP=

100

G%+100

×CP

SP = \frac{20+100}{100}\times 600SP=

100

20+100

×600

SP = 1.2\times 600SP=1.2×600

SP = Rs.720SP=Rs.720

Shopkeeper allows a discount of 10%

Let the price be x,

So, x-\frac{10x}{100}=720x−

100

10x

=720

\frac{9x}{10}=720

10

9x

=720

x=800x=800

Therefore, The price of the article is Rs.800.