Question
A garment company declared 17% discount for wholesale
buyers. Ms. Diksha, a wholeseller bought garments from the company for Rs.1660 after getting discount. He fixed up the selling price of garments in such a way that he earned a profit of 7% on original company price. What is the selling price?Solution
Original company price = 1660 × (100/83) = 2000 Rs. SP = 2000 × (107/100) = Rs.2140
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