Question

What price should gopi mark on a bag which costs him rs1200 so as to gain 12% after allowing a discount of
16%

Answer 1

Answer:

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%.

(88/100)*x=1344 | X=1600rs.

Step-by-step explanation:

Answer 2

Step-by-step explanation:

CP = ₹ 1200

Gain. 12%

SP = (100+12/100)*1200

=112/100*1200

=112*12 =1344

let MP be x,

After giving 16% discount,

According to the question

(100-16/100)*x=1344

or,84/100*x=1344

or, x=1344*100/84

or, x=16*100

or, x=1600

Therefore MP=₹1600

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