Instructions

Study the information given below and answer the question that follows:
An article was bought for Rs. 5200. Its price was marked up by 15%. Thereafter it was sold at a discount of 9% on the marked price.

Question 112

What was the marked price of the article ?

Solution

Cost price of the article = 5200

Increment for the marked price = 15%

Hence, marked price will be = 5200*(1.15) = 5980


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