Question

What price should a trader mark on a calculator which cost him Rs.440 so as to gain 26%,after allowing a discount of 12%?

Answer 1

Hope you understand...

Answer 2

Given :

Cost price of calculator = 440

Gain% = 26%

To Find :

What price should a trader mark on a calculator

Solution:

Cost price of calculator = 440

Gain% = 26%

Selling price of calculator = CP+Profit = 440+0.26(440)=554.4

Discount % = 12%

Price after discount = 554.4 -0.12(554.4)=487.872

Hence The price is Rs.487.872