Question
A shopkeeper marked up an article 60% above cost price
and sells it at Rs. 960 after allowing discount of 25%. Find marked price of article, if profit of shopkeeper is Rs. 160?Solution
Let cost price of article = Rs 100x And marked price of article = Rs 160x According to question, => 100x = 960 – 160 => 100x = 800 => x = 8 Marked price = Rs. 1280
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