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A shopkeeper marks his goods in such a way that after allowing a discount of 12.5% on marked price he still makes a profit of 10%.If the cost price of good is Rs 245, then find its marked price. |
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Answer» the shopkeeper makes a profit of 10%. Gain=selling price-cost price selling price=`245+10/100xx245=Rs.269.5` Now let the marked price be=>X. =>`X-12.5/100xxX=269.5` =>`875/1000xxX=269.5` =>`Rs.308=X` |
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