Question
While selling a Bike, Neil gives a discount of 20% on
the marked price. If he gives a discount of 24%, he earns Rs.70 less as profit. The marked price of the Bike is?Solution
Let the Marked price of the Bike be x After Discount of 20% Cost price = 80x/100 After Discount of 24% Cost price = 76x/100 According to the question, 80x/100 - 76x/100 = 70 4x/100 = 70 x = Rs 1750
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