Question
A shopkeeper bought an article for Rs. 250. He sold it
at profit 20% after allowing a discount of 20%. If instead he had sold it at 12% discount, then find the new selling price of the article.Solution
Selling price of the article = 250 × 1.2 = Rs. 300 Marked price of the article = 300 ÷ 0.8 = Rs. 375 New selling price of the article = 375 × 0.88 = Rs. 330
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