Question
A shopkeeper sold an article after giving a discount of
24% and made a profit of Rs.32. Find the difference between the marked price and selling price of the article if cost price of the article is Rs.500.Solution
Selling price of the article = 500 + 32 = Rs.532 Marked price of the article = 532/0.76 = Rs.700 Required difference = 700 – 532 = Rs.168
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