The price that Akbar should mark on a pair of shoes which costs him Rs.1,200 to

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The price that Akbar should mark on a pair of shoes which costs him Rs.1,200 to gain 12% after allowing a discount of 16% (in rupees) is

Options:

A . 1,500

B . 1,600

C . 1,344

D . 1,433

Answer: Option B
Answer: (b)Let the marked price be x.$x × 84/100 = {1200 × 112}/100$$x × 84/100 = 112 × 12$$x = {112 × 1200}/84$ = Rs.1600Using Rule 6,C.P. = Rs.1200, r = 12%, D = 16%$\text"MP"/\text"CP" = {100 + r}/{100 - D}$$\text"MP"/1200 = {100 + 12}/{100 - 16}$M.P.= ${112 × 1200}/84$ = Rs.1600

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