Question
A shopkeeper bought machine at Rs. 16800 and he marked
up above its purchased price and sold it to a customer at 12.5% discount on the marked price and earned a profit of 25%. What is the sum of selling price of the machine and marked price of the machine?Solution
CP = Rs. 16800
SP = 16800 * 125/100 = Rs. 21000
MP = 21000 * 100/87.5 = Rs. 24000
So, sum = 21000 + 24000 = Rs. 45000
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