Question
A shopkeeper marks up the price of an article by 30% and then gives a 20% discount on the marked price. If the final selling price is βΉ2,184, determine the original price of the article.
Solution
Let the original price of the article = 100x Price of article after increasing by 30% = 130% of 100x = 130x Selling price after giving 20% discount = 80% of 130x = 104x 104x = 2184 X = 21 Original price of the article = 100x = 2100
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