a shopkeeper marks his goods at such a price that after allowing a discount of 12.5% he still makes a profit of 10%. find Mark price of an item whose costs him 245
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the shopkeeper makes a profit of 10%.
Gain=selling price-cost price
selling price=245+10100×245=Rs.269.5
Now let the marked price be=>X.
=>X−12.5100×X=269.5
=>8751000×X=269.5
=>Rs.308=X
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