Question

What price should ratan on a fan which cost him 3000 so as to gain 20% after allowing discount at 10%.

Answer 1

Answer:

Kiran marks the sari at Rs X

He will discount it 10%

Therefore he will be paid 100%-10% or 90% of x,

which is 0.9x

He wants to gain Rs 0.20(3000)

(Gain) = (Money he will be paid) - Cost

0.20(3000) = 0.9x - 3000

600 = 0.9x - 3000

3600 = 0.9x

3600%2F0.9 = x

4000 = x

Kiran should mark the sari Rs 4000

Edwin