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The price that akbar should marks on a pair of shoes which costs him Rs. 1200 to gain 12% after allowing a discount of 16% (in rupees) is = ?
Answer & Solution
Correct Answer:
Option
C
Cost price of shoes = Rs. 1200
Selling price of shoes =$${\text{ 1200}} \times \frac{{112}}{{100}}$$
Let Marked price of shoes = x
Then,
$$\eqalign{ & \Rightarrow x \times \frac{{84}}{{100}} \cr & = 1200 \times \frac{{112}}{{100}} \cr & = \frac{{1200 \times 112}}{{84}} \cr & = {\text{Rs}}{\text{. 1600}} \cr} $$
Selling price of shoes =$${\text{ 1200}} \times \frac{{112}}{{100}}$$
Let Marked price of shoes = x
Then,
$$\eqalign{ & \Rightarrow x \times \frac{{84}}{{100}} \cr & = 1200 \times \frac{{112}}{{100}} \cr & = \frac{{1200 \times 112}}{{84}} \cr & = {\text{Rs}}{\text{. 1600}} \cr} $$
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