Let the market price of the article be Rs.x given that Discount % = 12% then selling price (S.P) = market price (M.P) - discount (D) ⇒ S.P = x - 12% of x ⇒  ⇒ S.P = ⇒ S.P = ⇒ S..P = he is still gaining profit ∴ cost price (C.P) = ⇒ ⇒ ⇒ x = 1250 Rs. ∴ market price of the article is Rs. 1250.
S.P=125*880/100 S.P=1100 M.P=100*1100/88 M.P=1250 Open in App Suggest Corrections 8
100 Questions 100 Marks 60 Mins
Given: Cost price = Rs. 200 Gain% = 35% Discount % = 25% Formula Used: Marked price = Selling price × 100/(100 - discount%) Selling price = Cost price × (100 + gain%)/100 Calculation: Selling price = 200 × (100 + 35 )/100 = Rs.270 Marked price = 270 × 100/(100 - 25 ) = Rs.360 ∴ The price should a shopkeeper mark on a product is Rs.360.
Marked price = 200 × (100 + 35 )/100 × 100/(100 - 25 ) = Rs.360 ∴ The price should a shopkeeper mark on a product is Rs.360. India’s #1 Learning Platform Start Complete Exam Preparation
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What price should a shopkeeper mark on an article which costs him880 so as to gain 25% after allowing a discount of 12 %?
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