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Question

A shopkeeper allows a discount of 10% to his customers and still gains 20%. Find the marked price of an article which costs 450 to the shopkeeper.

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Solution

Vanitha used this method:
Let M.P. be 100.
Discount =10% of M.P.
=10100 of M.P. =10100×100
= 10
S.P. = M.P. Discount
=10010= 90
Gain =20% of C.P.
=20100×450= 90
S.P. = C.P. + Gain
=450+90= 540
If S.P. is 90, then M.P. is 100.
When S.P. is 540,
M.P. =540×10090= 600
The M.P. of an article = 600

OR
Vimal used the formula method:
Discount =10%, Gain =20%,
C.P. = 450, M.P. = ?
M.P. =100+Gain100Discount× C.P.
=(100+20)(10010)×450
=12090×450
= 600

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