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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