Question
A retailer marked an item 25% above its cost price. If
the cost price of the item is Rs. 640 and he offered a discount of 15% on the marked price, find the final selling price of the item.Solution
ATQ,
Marked price of the item = 1.25 × 640 = Rs. 800 Therefore, selling price of the item = 0.85 × 800 = Rs. 680
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