A dealer purchased a washing machine for rs 7660 he allows a discount of 12 percent and its marked price and still gains 10 percent. find the marked price of machine.
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A dealer purchased a washing machine for rs 7660 he allows a discount of 12 percent and its marked price and still gains 10 percent. find the marked price of machine.
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Answer:
₹9575
Step-by-step explanation:
Cost Price (CP) = ₹7660
Gain = 10% = 10/100 × 7660 = ₹766
Selling Price (SP) = CP + Gain = ₹7660 + ₹766 = ₹8426
Discount = 12%
=> (100-12)% of MP = SP
=> 88% of MP = ₹8426
=> 88/100 × MP = ₹8426
=> MP = 8426 × 25/22
=> MP = ₹9575
Hence, the marked price of machine is ₹9575.
₹9575 is the right answer