After allowing 20% discount to the customer, a dealer still gains 20%. Find the marked price of the electric fan which costs him Rs.1600.
Answer needed from Expert
1,600 x 1.20 = Rs1,920 final selling price
The final selling price was discounted down 20% from the marked price.
x - 0.20x = 1,920
x = Rs 2,400 marked price
The final selling price was discounted down 20% from the marked price.
x - 0.20x = 1,920
x = Rs 2,400 marked price