After allowing 20 percent discount to a customer, dealer still gains 20 percent. Find the marked price if the Cost price of the item is 1600.... Do not spam. I will mark the correct answer as the brainliest
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Answer:
C.P. =Rs.720, gain % =20% discount % =20%
Gain on Rs.720=
100
20
×720=Rs.144
∴ S.P. of the article =C.R.+gain=720+144=Rs.864
Discount percent =20%
Let the M.R be 100 then the S.R is 100−20=80
If the S.P is Rs.80 then M.P is Rs.100
If the S.P is Rs.864 then M.P is
80
100×864
=Rs.1080
The marked price of the article is Rs.1080
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