.A shopkeeper sells his goods at 25 percent discount. Find the marked price of an article whose selling price is Rs 950.
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Answer:
Cost price =₹900
Profit = 10%
Hence price with profit = 900 * 110/100 = ₹990
Let ‘y’ be the marked price.
Now selling price after discount = y * 90/100 = 0.9y
Now we have, 0.9y = 990
Hence marked price y = 990/0.9 = ₹1100
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