Even after offering 20% discount to the customer, Rakesh gains 25%. what is the cost price of a sofa set marked at ₹45000
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Step-by-step explanation:
Let the CP = Rs.100
Then SP= 100 + 19 = Rs.119
Let the marked price be Rs. x
Then 85% of x = 119
85/100* x = 119
x = 119 * 100/85 =140
Marked price = 40% above CP
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