if an article is sold at 25% discount the profit at 10% and if the discount is 10% only the profit is rupees 240.
find the MP of an article
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Let the Marked Price be 100, discount on it is 25% so SP is 75% of Marked Price which is 110% of CP.
Therefore 90% of Marked Price will be :
90 × 110/75= 132
32 % = 240
Therefore CP = 100 ×240/32=Rs.750/-
SP =990 is 90% of Marked Price. Therefore Marked Price is 100 × 990/90=Rs.1100/--
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