A trader marks his goods in such a way that after allowing a discount of 10% he
still gains 12.5% If an article costs him 1440, what is its marked price?
PLEASE ANSWER FAST
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Answer:
1472.73
Step-by-step explanation:
CP = 1440
gain% = 12.5% of 1440
profit = 180
sp = 1440 + 180 = 1620
discount = 10% on mp (mp denotes marked price )
= MP- sp / MP × 100
.1mp = mp-sp
mp = sp /1.1
= 1620/1.1
=1472.73
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