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The cost price of an article is Rs. 800. After allowing a discount of 10%, a gain of 12.5% was made. Then the marked price of the article is1). Rs. 1,0002). Rs. 1,1003). Rs. 1,2004). Rs. 1,300 |
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Answer» Let, The marked PRICE of the article is ‘x’. After ALLOWING a discount of 10%, Price at which it is sold = x – 0.10x = 0.90x. ACCORDING to the question, The COST price = Rs.800. Gain made = 12.5%. ∴ 0.90x = 800 + 0.125 × 800 ⇒ 0.90x = 900 ⇒ x = 1000. |
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