What price should Aslam mark on a pair of shoes which costs him Rs. 1200 so as to gain 12% after allowing a discount of 16%?
Answers
Answer:
Aslam should mark pair of the shoes at Rs 1600
Step-by-step explanation:
Solution:
Given,
CP of pair of shoes = Rs 1200
Gain = 12%
By using the formula,
SP = (100 + gain %)/100 × CP
= (100 + 12)/100 × 1200
= 112/100 × 1200
= Rs 1344
Given, Discount = 16%
MP = (100 × SP) / (100 – Discount %)
= (100 × 1344) / (100 – 16)
= 134400/84
= Rs 1600
∴ Aslam should mark pair of the shoes at Rs 1600
Answer:
Aslam should mark pair of the shoes at Rs 1600
Step-by-step explanation:
Solution:
Given,
CP of pair of shoes = Rs 1200
Gain = 12%
By using the formula,
SP = (100 + gain %)/100 × CP
= (100 + 12)/100 × 1200
= 112/100 × 1200
= Rs 1344
Given, Discount = 16%
MP = (100 × SP) / (100 – Discount %)
= (100 × 1344) / (100 – 16)
= 134400/84
= Rs 1600
∴ Aslam should mark pair of the shoes at Rs 1600