Find the selling price of typewriter which cost Rs 4000 and the mark up is 8%
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let the selling price of typewriter be x
then we know that mark up is 8%
which means the cost= 8% of selling price + selling price
cost= 8x/100 + x
4000=(100x + 8x) /100
4000 * 100= 108x
so.....
x=4000*100/ 108
x= 3,703(approx)
then we know that mark up is 8%
which means the cost= 8% of selling price + selling price
cost= 8x/100 + x
4000=(100x + 8x) /100
4000 * 100= 108x
so.....
x=4000*100/ 108
x= 3,703(approx)
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