A man buys a chair for $250 after making a discount of $100. what is the M. P of the chair?
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Given : Selling Price = 250 Dollars
Discount = 100 dollars
To Find : Cost Price
Solution : The Cost price can be given by the equation ,
Selling Price + Discount = Cost Price
Now substituting the values,
250 + 100 = 350
Therefore cost price of the chair is 350 dollars.
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