Question

A retailer allowed 12% discount and sold a T-shirt at a loss of Rs 16. If he had sold it at 10% discount he would have gained Rs 20. For what price did he purchase the T-shirt?
Help!!​

Answer 1

Answer: Marked Prixe = Rs. 1800

Step-by-step explanation:

Let the marked price be M

1) A retailer allowed 12% discount and sold a T-shirt at a loss of Rs 16.

SP = 0.88M

CP - SP = 16

CP = 16 + SP

CP = 16 + 0.88M

2) If he had sold it at 10% discount he would have gained Rs 20.

SP = 0.9M

SP - CP = 20

0.9M = 20 + CP

CP = 0.9M - 20

16 + 0.88M = 0.9M - 20

0.9M - 0.88M = 20+16

0.02M = 36

36 = 0.02M

M = 1800