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The price that Akbar should mark on a pair of shoes which costs him ₹ 1,200 to gain 12% after allowing a discount of 16% (in rupees) is
-
- 1,344
- 1,433
- 1,600
- 1,500
Correct Option: C
Given that , Cost price of pair of shoes = ₹ 1,200 , Gain = 12%
Let the marked price be y.
| ∴ y × | = | ||
| 100 | 100 |
| = y × | = 112 × 12 | |
| 400 |
| ⇒ y = | = ₹ 1600 | |
| 84 |
Second method :
Given Here , C.P. = ₹ 1200, r = 12%, D = 16%
| = | ||
| C.P. | 100 − D |
| = | ||
| 1200 | 100 − 16 |
| M.P. = | = ₹ 1600 | ||
| 84 |