Q. 104.5( 29 Votes )

# A jeweller allows a discount of 16% to his customers and still gains 20%. Find the marked price of a ring which costs the jeweller Rs. 1190.

Answer :

Cost Price = Rs.1190

Gain = 20%

Selling Price

= Rs.1428

Discount = 16%

Let × be the market price.

Market Price – Discount = Selling Price

× – 16% of × = 1428

× – 16x/100 = 1428

84x/100 = 1428

X= (1428 × 100) / 84

= Rs.1700

So, Market Price of ring is Rs.1700

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PREVIOUSA dealer bought a refrigerator for Rs. 11515. After allowing a discount of 16% on its marked price, he gains 20%. Find the marked price of the refrigerator.NEXTAfter allowing a discount of 10% on the marked price, a trader still makes a gain of 17%. By what per cent is the marked price above the cost price?

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