1.

a shopkeeper marks his goods at rs.560 and allows a discount of 25% on it to the retailer. For how much should a retailer sell it to gain 20%

Answer»

Answer:

Original PRICE = Rs. 560

After 25% DISCOUNT:

25% of 560 = 25/100 × 560 = 140

Price after discount = 560 - 140 = Rs. 420

That means, CP of RETAILER = Rs. 420

Now, 20% of 420 = 20/100 × 420 = 84

Price for gaining 20% = 420 + 84 = Rs. 504

Answer: Rs. 504

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