Advertisements
Advertisements
Question
What price should Aslam mark on a pair of shoes which costs him Rs 1200 so as to gain 12% after allowing a discount of 16%?
Advertisements
Solution
\[\text { Given }, \]
\[\text { CP of the pair of shoes = Rs } . 1470\]
\[\text { Gain = 12 % } \]
\[\text { Discount = 16 % } \]
\[\text { So, SP = Rs } . \left( \frac{100 + \text { Gain }}{100} \times CP \right)\]
\[ = Rs . \left( \frac{100 + 12}{100} \times 1200 \right)\]
\[ = Rs . 1344\]
\[\text { Now, } \]
\[\text { SP of the pair of shoes = Rs } . 1344 \]
\[\text { Discount = 16 % } \]
\[\text { So, MP = Rs . } \left( \frac{100 \times SP}{100 - \text { Discount % }} \right)\]
\[ = Rs . \left( \frac{100 \times 1344}{100 - 16} \right) = Rs . 1600\]
\[\text { Aslam should sell the pair of shoes for Rs } . 1600 .\]
RELATED QUESTIONS
Find the M.P. if S.P. = Rs 1222 and Discount = 6%.
If marked price = ₹ 990 and percentage of discount is 10, then find the selling price.
If selling price = ₹ 900. Discount is 20%, then find the marked price.
A shopkeeper expects a profit of 25% on his cost price. In a week, his sale was of Rs. 5000 what was his profit?
A bookseller gives 8% discount on the printed price. What does a customer pay for a book priced at Rs. 150?
The list price of a mobile is Rs. 4000. A customer gets two successive discounts, the first being 10%. Calculate, in percentage, the second discount, if the customer pays Rs. 3060 for it.
The marked price of a sofa set is Rs. 36000 and is available in Guwahati at 20% discount. A shopkeeper from Delhi buys this article in Guwahati and spends Rs. 1500 on his travelling and Rs. 1200 on the transportation etc. of the article. Find the profit per cent made by the shopkeeper, if he sells the article in Delhi at the
a. marked price, b. 5% discount.
A dealer marks his goods 25% above the cost price and then allows 10% discount on it. What is the cost price of an article on which he gains Rs.575?
The catalogue price of a Sony TV is Rs.43200. If it is sold at a discount of 16% of the catalogue price, a gain of 26% is made. Find the gain or loss percent if it is sold for Rs.9000 below the catalogue price.
The discount on an item for sale is calculated on the ______.
