what price should rajesh mark on a pair of shoes which costs him rs 1200 so as to gain 12% after allowing the discount of 16%
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Answered by
10
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.
To be remembered:
Discount on marked price, gives SP.
Profit/loss is calculated on CP.
Hope it helps.
Answered by
2
Answer:
1200×16/100
=12×16
1200×12/100
=144
12×16+144+1200
should be the cost
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