Question
Rohit sold an item with an 18% profit. However, if he
had sold the item at a 13% loss, he would have made Rs. 930 less. If he originally marked the item at a price 64% higher than the cost price, can you determine the marked price of the item?Solution
ATQ, Let, cost price of the article be Rs. x So, 1.18x – 0.87x = 930 0.31x = 930 x = 3000 Marked price of article = 1.64 × 3000 = Rs. 4920
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