A dealer allows his customers a discount of 18%, and still gains 24%. If an article costs ₹1,560 to the dealer, what is its marked price (to the nearest ₹) ?
Answer & explanation
Correct answer: option 4
Discount = 18%
Profit = 24%
Cost price of the article = 1560
The marked price,
= 1560 × \(\frac{124}{100}\) × \(\frac{100}{82}\)
= 2359