price should glle SCITT102. What price should a shopkeeper mark on an

1.	price should glle SCITT102. What price should a shopkeeper mark on an article that costsRs 600 to gain 20%, after allowing a discount of 10%
Answer» Let Marked price of article is MP Given, CP = 600 After 10% discount on marked priceSP = MP(1 - 10/100) = MP(9/10) After 20% gain on cost priceSP in terms of CP= CP(1 + 20/100)= CP(6/5) Thus, MP(9/10) = CP(6/5)MP = 600610/45 = 36000/45 = 800 Marked price of article should be Rs 800

price should glle SCITT102. What price should a shopkeeper mark on an article that costsRs 600 to gain 20%, after allowing a discount of 10%

Answer»

Let Marked price of article is MP

Given, CP = 600

After 10% discount on marked priceSP = MP(1 - 10/100) = MP(9/10)

After 20% gain on cost priceSP in terms of CP= CP(1 + 20/100)= CP(6/5)

Thus, MP(9/10) = CP(6/5)MP = 600*6*10/45 = 36000/45 = 800

Marked price of article should be Rs 800