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

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Given gain percentage =20% and the CP of an article =Rs 600

Now, Gain =

100

600×20

=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−

100

10×x

=720

⇒

100

90x

=720

⇒x=

90

720×100 =Rs 800

Answer 2

Answer:

the prize of the shopkeeper-800