a retailer bought a watch for rs 800 and fixed its price above the cost price. he allows 10% discount. find the marked price of the watch.(please the process too)
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Answer:
Rs. 888.88
Step-by-step explanation:
Selling Price= Rs.800
Discount = 10%
Marked Price = ??
MP = [100/(100-discount%)] × SP = [100/(100-10)]×800
In other words we may also write: Rs. (100/90)×800 = Rs. 888.88
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