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Jyoti and Meena run a ready-made garment shop. They mark the garments at such a price that even after allowing a discount of 12.5%, they make a profit of 10%. Find the marked price of a suit which costs them Rs. 1470. |
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Answer» Given, CP of suit = Rs 1470 Gain = 10% By using the formula, SP = (100 + gain%)/100 × CP = (100 + 10)/100 × 1470 = 110/100 × 1470 = Rs 1617 Given, Discount = 12.5% So, MP = (100 × SP) / (100 – Discount %) = (100 × 1617) / (100 – 12.5) = 161700/87.5 = Rs 1848 ∴ The marked price of the suit is Rs 1848. |
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