Given:
Step 1: Let the Cost Price per article =
Step 2: Dealer makes 20% profit, so S.P. per article (normal) =
Step 3: But dealer gives 16 articles for price of 12, so effectively:
Step 4: Since effective S.P. per article =
Step 5: The listed price
Answer: The listed price was 100% above the actual cost price.
Online Test Series,
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Online Test Series,
Information About Examination,
Syllabus, Notification
and More.