Q. 1024.7( 7 Votes )

What price should a shopkeeper mark on an article that costs him Rs 600 to gain 20%, after allowing a discount of 10%.

Answer :

Given, the cost price of an article = Rs. 600

Also, the gain percentage = 20%

And discount allowed = 10%

We need to find out the marked price of the article.

Now, we know that gain

Gain =

= Rs. 120

Now, we know that SellingPrice = Gain + CostPrice

SP = 120 + 600

= Rs. 720

Let marked price = Rs.x

Since, a discount of 10% is allowed.

x-10% of x = Rs. 720

= 720

= 720

= 720

x = Rs. 800

Hence, the markes price on the article is Rs 800

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