Question 103
A shopkeeper buys an article for 360. He wants to make a gain of 25% on it after a discount of 10%. The marked price is
Solution
Cost Price of article = Rs 360
Profit Required = 25%
So selling Price = 1.25 x cost Price = 1.25 x 360 = Rs 450
Discount Provided on Marked price (M) = 10%
So ,
0.9 x Marked Price = Selling Price
0.9 x M = 450
M = Rs 500
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