Let the market price of the article be Rs.x given that Discount % = 12% then selling price (S.P) = market price (M.P) - discount (D) ⇒ S.P = x - 12% of x ⇒ ⇒ S.P = ⇒ S.P = ⇒ S..P = he is still gaining profit ∴ cost price (C.P) = ⇒ ⇒ ⇒ x = 1250 Rs. ∴ market price of the article is Rs. 1250.
S.P=125*880/100 S.P=1100 M.P=100*1100/88 M.P=1250 Open in App Suggest Corrections 8 |