Jhanvi sells sarees. She allows 5% discount on the marked price and still gains 10%. Find the marked price of a saree which costs her ₹950. plz give full explanation.
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Let the mark price be x
then
discount given=5%
means 100%-5%=95%
saree cost=950
therefore,
1%=950÷95
1%=10
and according to question "she still gains 10 %"
so 95 was the discounted % and to know the selling percent,we will add discounted%+discount%+profit%
95%+5%+10%
95%+15%
110%
therefore
1%×110%
10×110
1100
the mark price is 1100,,,,pls mark as brilliant
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