A shopkeeper allows 25 percent discount on the marked price of sarees and still makes a profit of 20 percent and if he gains 225 rupees over one saree ,find marked price of saree
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Given: 20% of CP = Rs.225/- (1)
75% of Marked Price = 120% of CP ( deduced)
Since 20% of CP = 225, CP= 225×5=1125
120% of ÇP = CP+Profit or 225+1125=1350
So 75% of Marked Price = 1350
Therefore 100% of Marked Price =100×1350÷75
Or Rs.1800.
Therefore Marked Price of the Saree is Rs.1800/-
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