A shopkeeper fixes the marked price of a pair of shoes $45$ % above its cost price. What is the percentage of discount allowed to gain $16$ %?
Given:
Marked price of a pair of shoes $=45$ % above its cost price.
To do:
We have to find the percentage of discount allowed to gain $16$%.
Solution:
Let the cost price be $Rs.\ 100$
This implies,
Marked price $=Rs.\ (100+45)=Rs.\ 145$
Required gain $=16 \%$.
This implies,
Selling price S.P $= Rs. (100+16)$
$=Rs.\ 116$
We know that,
Discount $ \% = \frac{(MP – SP)}{MP} \times 100$
Discount $=MP - SP$
$= Rs.\ 145-Rs.\ 116 = Rs.\ 29$
Discount % $= \frac{29}{145}\times 100 \%$
$= 20 \%$
The percentage of discount allowed to gain $16$ % is $20 \%$.
Related Articles
- The marked price of a pair of shoes is Rs 5000 and the shopkeeper allows 15% discount . Find the selling price of shoes after discount.
- A shopkeeper allows a discount of 10% to his customer and still gain 20%. Find the marked price of an article which cost rupees 450 to the shopkeeper.
- If Marked Price = 400₹ and Selling Price =300₹ , then what is the discount percentage ?
- How much percent above the cost price should a shopkeeper Mark his goods so that after allowing a discount of 20% on the marked Price , he gains 30%
- If a shopkeeper marks the price of goods 50% more than their cost price and allows a discount of 40% , what is his gain or loss percent
- In a festive season, a retailer sells readymade clothes at a discount of 20% and still gains 20% Of cost price. If the marked price for a pair of jeans is Rs4200. Find the retailer's cost price.
- A dealer allows a discount of 10% and still gains by 10% what should be the marked price of the cost price is rs 900 ?
- If Marked Price = 500₹, Discount = 50₹ ,then what is the selling price ?
- Find the rate of discount being given on an article whose selling price is rupees 315 after deducting a discount of rupees 210 on its marked price
- The marked price of the notebook is y ₹ , Discount given is 20% on the MP. Find the selling price of notebook.
- The price of the storybook increased from $20 \ to \ $30 of its cost. Find the percentage rise in the price of the storybook.
- If the selling price of 10 article is equal to cost price of 11 article, find the gain percent
- Cost price of an article is 1050₹. What would be the selling price of an article, if the gain is 5% ?
- If Selling price $=$ S.P, Discount % $=$ D, find cost price.
- The selling price of 12 pens is equal to the cost price of 15 pens. Find the gain per cent.
Kickstart Your Career
Get certified by completing the course
Get Started