Question

$\text{A dealer bought a refrigerator for Rs. 11515.After allowing a discount of}16\%\text{on its marked price, he gains}20\%\text{Find the marked price of the refrigerator.}$

Answer 1

$\text{C.P. of refrigerator =Rs.11515}andGain=20\%\therefore S.P.ofrefrigerator.=\frac{C.P.\times (100+gain\%)}{100}=Rs.\frac{11515\times (100+20)}{100}=Rs.11515\times \frac{120}{100}=Rs.13818Discount\%=16\%\therefore Markedprice=\frac{S.P.\times 100}{(100-discount\%)}=Rs.\frac{13818\times 100}{100-16}=\frac{13818\times 100}{84}=Rs.16450Ans.$