Question
A manufacturer earns a profit of 32% by selling a machine
for Rs. 396. If he plans to make a profit of 48% while offering a discount of 20%, what should be the marked price of the machine?Solution
ATQ,
Cost price of the machine = 396 ÷ 1.32 = Rs. 300
New selling price of the machine = 300 × 1.48 = Rs. 444
Marked price of the machine = 444 ÷ 0.80 = Rs. 555
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