Find the marked price when :
(1) S.P. = 630 and discount = 10%
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Step-by-step explanation:
LET THE MARKET PRICE BE RS 100
we have discount =10% = 10%of Rs100 = RS 10
Therefore,
S.P = MP - Discount= Rs100 - Rs10 = Rs90
Now
when S.P is RS 90, M.P = Rs100
when S.P. is Re 1 , M.P = Rs100/90
when S.P is 630, MP= Rs 100/90 x 630
= Rs 100x7
= Rs 700
Answer : the market price is Rs700
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