1.

A trader buys an article for Rs.5,160. He allows 14% discount on it. If he gains 12% on the article, find the rate at which he marked the article?

Answer»

Rs. 6720



C.P. = 5160, Profit% = 12%, DISCOUNT% = 14%

 M.P. =((100 + 12) /(100-14)) × 5160

⇒(112/86) × 5160

= Rs.6,720



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