profit and loss
1) A dealer allows 25 % discount on his marked price and then make a profit of 20% on his outlay . what is the marked price on which he gains RS 40.
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Answer:
Step-by-step explanation:
Let the M.P.=Rs.100, Discount =25%
∴ S.P.=Rs.75, Profit =20%
⇒C.P.=Rs.
120
75×100
=Rs.62.50
∴Profit=Rs.75−Rs.62.50=Rs.12.50
If the gain is Rs.12.50, M.P.=Rs.100
If the gain is Rs.800, M.P.=Rs.
12.50
100
×800
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