Question

a dealer buys an article for rupees 480. At what price must he mark it so that after allowing a discount of 5% he still makes a profit of 20%.​

Answer 1

Step-by-step explanation:

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Answer 2

Answer:

Let the marked price be p

He gives 5% discount

The selling price becomes p×.95

This SP gives him 20% profit

To get 20% profit on 480, his SP should be 576

So p×.95=576

p=576/.95=606.32 rs