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Question 69
An article costs ₹750. It is marked up to 30%. What is the selling price if a customer gets a discount of 15% on it?
Solution
An article costs ₹750.
Cost price = ₹750
It is marked up to 30%.
MRP = ₹750 of (100+30)%
= ₹750 of 130%
= $$750\times\frac{130}{100}$$
= $$75\times13$$
= ₹975
Selling price if a customer gets a discount of 15% on it = ₹975 of (100-15)%
= ₹975 of 85%
= $$975\times\frac{85}{100}$$
= $$\frac{82875}{100}$$
= ₹828.75
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