Question

Ratio of cost price to marked price of cycle is 7: 8. If discount percent is increased from 10% to 15% then a loss of Rs17 occurs. Find how much loss
Veer would have if he gives a discount of 25% on the marked price?
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Answer 1

Step-by-step explanation:

if seller wants to gain 360rs which is 20% of the price that he bought the item or batch.

20% → 360

100% → ?

so actual cost of the item =360×10020

=1800

cost of the item to gain 20% = 1800+360 = 2160

Marked Price is the price you see on the Tag. so when the seller gives 25% discount on MP, after discount it should be 2160, which is 75% of MP

75% of MP = 2160

34 MP = 2160

MP = 2160 ×43

MP = RS 2880