6) The catalogue price of an article is? 16, but the retailer is allow

1.	6) The catalogue price of an article is? 16, but the retailer is allowed a trade discount of 25%. At whatprice must the retailer sell it to gain 25% of what he pays for it ?
Answer» Marked price = 16Cost price = 16(1-25/100) = 16(1-1/4)= 16(3/4) = 12 (SP - CP)/CP = 25/100SP - 16 = 1/4*16SP = 16 + 4SP = 20Rs.20 ans no this anwer is not correct which you gave , right answer is 15..

6) The catalogue price of an article is? 16, but the retailer is allowed a trade discount of 25%. At whatprice must the retailer sell it to gain 25% of what he pays for it ?

Answer»

Marked price = 16Cost price = 16(1-25/100) = 16(1-1/4)= 16(3/4) = 12

(SP - CP)/CP = 25/100SP - 16 = 1/4*16SP = 16 + 4SP = 20Rs.20 ans

no this anwer is not correct which you gave , right answer is 15..