a dealer allows a discount of 10% and still gains by 10% what should be the Marked price if the cost price is Rs 1200
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Answer:
Step-by-step explanation:
Discount= 10% which implies
If MP =100 then SP = 90
MP:SP = 10:9
Now profit =10% implies
If CP= 100, then SP =110
SP:CP = 11:10
NOW MP:SP:CP = 90:99:90
GIVEN
CP =1200
THEREFORE MP = 1200
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