A firm dealing in furniture allows 4% discount on the marked price of each item. what price must be marked on a dining table that cost rs.400 to assemble, so as to make a profit of 20%.
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c.p=Rs.400
SP=4oox120/100=Rs480
mp=480x100/96=Rs 500
marked Price = Rs 500. Ans
sp=c.pxloo+profit%./loo
MP=spx loo/loo-Dis%,
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