Question

a delar makes a profit of 20% even after giving a 10% discount on the advertised price of a scooter what was the advertised price if he makes a profit of 7500 on the sale of the scooter?
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Answer 1

Answer:

Let CP = x and MarkPrice = y

He gives 10% discount (its on mark price) so SP = 0.9y

get a profit of 7500 so

20 = ( 7500 / x ) / 100 => x = 37500

So CP = 37500

We want mark price y

so 7500 = SP - CP

7500 = 0.9y - 37500

y = 50000

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