Question
An article listed at Rs.2000 is sold at successive
discount of 20% and 23 %. The buyer desires to sells it at a profit of 30% after allowing at 20% discount. What would be listed price of the article for buyer?Solution
2000 Ă— (100-20)/100 Â Ă— Â (100-23)/100 Â Â = SP 2000 Ă— Â 80/100 Â Ă— Â 77/100 Â =SP SP = 1232 unit SP = CP CP = 1232 Profit = 30% SP = Â (1232 Ă—130)/100 Â = 1601.6 MRP Ă— (100-D)/100 Â = SP MRP Ă— (100-20)/100 Â = 1601.6 MRP Ă— 80/100 Â = 1601.6 MRP = Rs. 2002
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