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Question 52
The price that Kamal should mark on a chair which costs him ₹1500 to gain 15% after allowing a discount of 25% (in ₹) is:
Solution
Let's assume the marked price of the article is ₹'y'.
y of (100-25)% = 1500 of (100+15)%
y of 75% = 1500 of 115%
$$y\times75 = 1500\times115$$
$$y = 20\times115$$
marked price of the article = y = ₹2300
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