a shopkeeper marks his goods at rs.560 and allows a discount of 25% on it to the retailer. For how much should a retailer sell it to gain 20%
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Answer:
Original price = Rs. 560
After 25% discount:
25% of 560 = 25/100 × 560 = 140
Price after discount = 560 - 140 = Rs. 420
That means, CP of retailer = Rs. 420
Now, 20% of 420 = 20/100 × 420 = 84
Price for gaining 20% = 420 + 84 = Rs. 504
Answer: Rs. 504
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