What price should Gópi mark on a bag which costs him 1,200 so as to gain 12% after allowing a discount of
16%?
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Step-by-step explanation:
CP=1200. To gain 12%, SP=(112/100)*1200=1344. Now, Marked/Listed price has to set X as to receive a overall profit of 12%, after giving 16% discount. 100–16=88%
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