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Question 62
The cost price of a pair of shoes is ₹12000. What should be the marked price (in ₹) on a pair of shoes such that after allowing a discount of 16%, the shopkeeper earns 12% profit?
Solution
marked price of (100-16)% = 12000 of (100+12)%
marked price of 84% = 12000 of 112%
$$84\ \times\ marked\ price\ =\ 12000\times112$$
$$marked\ price\ =\ 1000\times16$$
marked price = ₹16000Create a FREE account and get:
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