Question
A shopkeeper sells an article at 14% discount on its marked price and still gains 20%. If the cost price of the article is βΉ184.90, then what is its marked price?
Solution
SP = 184.9 Γ 120/100 Now, SP = MP Γ 43/50 Let MP be Rs. x So, 184.9 Γ 6/5 = 43x/50 β x = 184.9 Γ 60/43 β x = 258 So, MP = Rs. 258 β΄ Marked price is Rs. 258
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