a lady purchased a jeans for rupees 900 she wants to sell it a profit of 15% after allowing a discount of 15% what should be the Marked price of the jeans
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Answer:
Her marked price should be Rs.1217.65
Step-by-step explanation:
CP = Cost Price (in Rs.) = 900
Profit% = 15
Discount in % = 15
MP = Marked Price = ?
SP = Selling Price = ?
She wants to make a profit of 15%
=> She needs to sell at 15% more than CP
=> SP = CP + 15% of CP
=> SP = CP + 0.15*CP
=> SP = 1.15*CP
Now, CP = 900
=> SP = 1.15*900
=> SP = 1035
Her selling price should be Rs.1035
Given that she wants to allow a discount of 15%
Now, MP less discount = SP
In our case,
MP - 15% of MP = SP
=> SP = MP - 0.15*MP
=> SP = 0.85*MP
=> MP = SP/0.85
Now, SP = 1035
=> MP = 1035/0.85
=> MP = 1217.65 (rounded off to nearest paisa)
Her marked price should be Rs.1217.65
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