a shopkeeper allows a discount of 25% on a the marked prices of a shirt and still makes a profit of 20%. If he gains $225 over the sale of one shirt, find the marked price of the shirt
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Let the marked price of the shirt = 'x'.
Given he still makes a profit of 20%. He gains 225 over the sale of one shirt.
=> So, cost price = (225/20) * 100
= (22500/20)
= 1125.
Then, Sales price = 1125 + 225
= 1350.
Given that he allows a discount of 25% on a marked price.
= > 25% of x
So, Sales price = (100 - 25)% = 75% of x.
But We got sales price = 1350.
= > 1350 = 75% of x
= > (1350) = (75/100) * x
= > 1350 = (75x/100)
= > 1350 * 100 = 75x
= > 135000/75 = x
= > x = 1800.
Therefore, the marked price of the shirt = 1800.
Hope this helps!
Sarah06:
there's one mistake
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16
Hey mate...
I hope that this helps you. ..
I hope that this helps you. ..
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