If the selling price is Rs.1680 there is a loss of 16%, what should be the marked price on this product, if after allowing discount of 8% there is a profit of 15%?
 loss = 16%.
let cp = 100 then Selling Price (SP) = CP - Loss = 84
As SP 1680given , the CP would beÂ
1680 = 84
100 = 2000
cp = 2000
He wants to earn a profit of 15%.
His profit will be $$\frac{15}{100}$$\times 2000=300
Therefore his SP s 2000+300=2300
But he wants to offer a discount of 8%.
SP will be 92 if the Marked Price was 100 and discount was 8%.
With SP being 2300, Marked Price should be $$\frac{2300}{92}$$\times 100= 2500
Marked Price = Rs. 2500
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