Question
A shopkeeper sold an article after giving a discount of
20% and made a profit of Rs.40. Find the difference between the marked price and selling price of the article if cost price of the article is Rs.600.Solution
Selling price of the article = 600 + 40 = Rs.640 Marked price of the article = 640/0.80 = Rs.800 Required difference = 800 – 640 = Rs.160
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