What price should Aslam mark on a pair of shoes which costs him Rs 1200 so as to gain 12% after allowing a discount of 16%?

Explanation

To find the marked price (MP) that Aslam should set for the shoes, we can follow these steps:

### Step 1: Understand the Problem
Aslam wants to gain a profit of 12% on the cost price (CP) of Rs. 1200 after allowing a discount of 16%.

### Step 2: Calculate the Selling Price (SP)
To achieve a profit of 12%, we first need to calculate the desired selling price (SP).

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