Answer:
MRP=3333.33
Step-by-step explanation:
Given,
what price should a shopkeeper mark on an article costing him Rs. 2500 to gain 20% after allowing a discount of 10%
CP=2500
profit=20%
Discount=10%
MRP=?
SP=((100+gain)*CP)/100
SP=(120*2500)/100
SP=3000
Discount will be given on MRP
(100-Discount)%*MRP=SP
(100-10)%*MRP=3000
90%*MRP=3000
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Answers & Comments
Answer:
MRP=3333.33
Step-by-step explanation:
Given,
what price should a shopkeeper mark on an article costing him Rs. 2500 to gain 20% after allowing a discount of 10%
CP=2500
profit=20%
Discount=10%
MRP=?
SP=((100+gain)*CP)/100
SP=(120*2500)/100
SP=3000
Discount will be given on MRP
(100-Discount)%*MRP=SP
(100-10)%*MRP=3000
90%*MRP=3000
MRP=3333.33