A shopkeeper allows a discount of 12% to his customers and still gains 18%. Find the marked price of an article which costs Rs.528 to the shopkeeper.(Answer to the nearest rupees)
Answer & explanation
Correct answer: option 2
According to the question
(100-12)% of the marked price = (100+18)% of the cost price
\(\frac{CP}{MP}\) = \(\frac{44}{59}\)
If, 44x = 528
Then, 59X = Rs.708