What price should a shopkeeper mark on an article that costs him Rs 600 to gain 20%, after allowing a discount of 10%
Solution:
Let the Marked Price(MP) = Rs. x
Discounted Price = x - Discount @10% = x - 0.10x = 0.9x
The discounted price fetches a gain of 20% and the cost price is Rs. 600 Therefore,
(120/100) × 600 = 0.9x
720 = 0.9x
Marked Price (x) = 720/0.9 = Rs. 800
✦ Try This: What price should a shopkeeper mark on an article that costs him Rs 800 to gain 25%, after allowing a discount of 20%.
Let the Marked Price(MP) = Rs. x
Discounted Price = x - Discount @10% = x - 0.20x = 0.80x
The discounted price fetches a gain of 20% and the cost price is Rs. 600 Therefore,
(125/100) × 800 = 0.80x
1000 = 0.80x
Marked Price (x) = 1000/0.8= Rs. 1250
☛ Also Check: NCERT Solutions for Class 8 Maths
NCERT Exemplar Class 8 Maths Chapter 9 Problem 102
What price should a shopkeeper mark on an article that costs him Rs 600 to gain 20%, after allowing a discount of 10%
Summary:
A shopkeeper should mark Rs. 800 on an article that costs him Rs 600 to gain 20%, after allowing a discount of 10%
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