Jyoti and Meena run a ready - made garment shop. They mark the garments at such a price that even after allowing a discount of $12.5 %$ , they make a profit of $10 %$ . Find the marked price of a suit which costs them Rs. 1470.

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Solution

Rate of discount $= 12.5 %$
Profit $= 10 %$
Cost price = Rs. 1470

$∴$ S.P of suit $= \frac{C . P (100 + g a i n %)}{100}$
$= R s . \frac{1470 \times (100 + 10)}{100} = R s . \frac{1470 \times 110}{100}$
$= R s . 1617$
$∴$ M.P $= \frac{S . P \times 100}{100 - d i s c o u n t %} = \frac{1617 \times 100}{100 - 12.5}$
$= \frac{1617 \times 100}{87.50} = \frac{1617 \times 100 \times 100}{8750} = R s . 1848$

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Jyoti and Meena run a ready - made garment shop. They mark the garments at such a price that even after allowing a discount of 12.5%, they make a profit of 10%. Find the marked price of a suit which costs them Rs. 1470.

Rate of discount =12.5% Profit =10% Cost price = Rs. 1470 ∴ S.P of suit =C.P(100+gain%)100 =Rs.1470×(100+10)100=Rs.1470×110100 =Rs.1617 ∴ M.P =S.P×100100−discount%=1617×100100−12.5 =1617×10087.50=1617×100×1008750=Rs.1848

Jyoti and Meena run a ready - made garment shop. They mark the garments at such a price that even after allowing a discount of $12.5 %$ , they make a profit of $10 %$ . Find the marked price of a suit which costs them Rs. 1470.