A dealer offers a discount of 12% and makes a profit of 10% on an article costing ₹ 1,000. What price should be marked on it ?
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Step-by-step explanation:
Let the marked price be x
Given, C.P=Rs900
And discount = 10% of x
=
100
10
×x
=
10
x
SP = MP − Discount
=x−
10
x
=
10
9x
Now, Gain = S.P − C.P
⇒10% of CP = S.P − C.P
⇒
100
10
×900=
10
9x
−900
⇒ 90+900=
10
9x
⇒ x=1100
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∴ Marked Price is Rs 1,100
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