A shopkeeper bought an article for Rs 3400 and he fixed the marked price of the article in such a way that he would have gained 25% profit after allowing 15% discount. Calculate the marked price of the article.
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Cost price of the article = Rs. 3,450.
(i) Marked price = Cost Price + % marked above cost price
= Rs. 3,450+
100
16
×3,450
= Rs. 4,002
(ii) Price paid by the customer = Marked Price + Tax charged
= Rs. 4,002+
100
10
×4,002
= Rs. 4,402.20
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refer to the attachments
actually, in the sum that you have asked has Rs. 3400 but here it is given 3450 so you just change the value rest all the sum is same
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