Question
The cost price of an article is Rs. 2500 and a
shopkeeper wants to earn 12% profit on it after giving 20% discount on marked price. Find the marked price of the article.Solution
Cost price of the article = Rs. 2500 Selling price = 2500 Ă— 112% = Rs. 2800 Marked price = 2800/80 Ă— 100 = Rs. 3500
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