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A trader buys an article for Rs.5,160. He allows 14% discount on it. If he gains 12% on the article, find the rate at which he marked the article? |
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Answer» Rs. 6720 C.P. = 5160, Profit% = 12%, DISCOUNT% = 14% M.P. =((100 + 12) /(100-14)) × 5160 ⇒(112/86) × 5160 = Rs.6,720 |
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