what price should a shopkeeper mark on article which caused him 3256 so as to gain 20% after allowing a discount of 12%
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Answer:
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
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