Question

What price should a shopkeeper mark on an article which cost him ₹440so as to gain 26%,after allowing a discount of 12%?​

Answer 1

Given gain percentage =20%

the CP of an article = Rs 600

Now, Gain = $\frac{600*120}{100}$

                  = 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

$x-\frac{10*x}{100}$ = 720

      $\frac{90x}{100}$   = 720

x = $\frac{720*100}{90}$ = Rs. 800

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