Question
Sunil sold a purse for Rs. 360 after offering a discount
of 20% on its marked price. If on selling the purse Sunil gained 20% then find the sum of the marked price and cost price of the purse.Solution
Marked price of the purse = 360 X (100/80) = Rs. 450Cost price of the purse = 360 X (100/120) = Rs. 300The sum of the marked price and cost price of the purse = 450 + 300 = Rs. 750
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