the cost price of an article is rupees 1600 which is 20% below the Marked price if the article is sold at discount of 16% find the Marked price
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To figure this out, we need to find the marked price. The marked price would be 1600/0.8, which is 2000 rupees. Then, if we do 100%-16%, we know that we have to multiply our marked price by 0.84, and we get 1680 rupees!
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1600 : 20
× : 16
1600×16= x×20
X= 1600×16÷20
=160×8
=1040
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