What price should a shopkeeper mark on an article which costs him Rs 880 so as to gain 25% after allowing a discount of 12% .

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.

  • 0

S.P=125*880/100

S.P=1100

M.P=100*1100/88

M.P=1250

  • 1
What are you looking for?