What price will sumit mark on a pair of shoes of 1200. After giving 16% discount he will get 12% Profit ?
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Answer:
Ans is :- 1600rs
how let's see
To be remembered:
Discount on market price, gives SP profit / loss is calculated on Cp
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:
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Answer: 1600rs
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