Question

What price should rahim mark on the pair of trousers which costs him 1200 so as to gain 12% after allowing a discount of 16%?

Answer 1

At what price should Shyam sell a pair of shoes which cost him Rs. 1200 so as to gain 12% after allowing a discount of 16%?

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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.

To be remembered:

Discount on marked price, gives SP.

Profit/loss is calculated on CP.

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