the cost price of special issue book was 980 the bookseller announced market price on it and give a discount of 25 /2 percent on marked price even after the discount the bookseller make a profit of 10% on his cost price find the market price of book
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Answered by
34
Answer:
The marked price = RS. 123
Step-by-step explanation:
It is given that,
The cost price of special issue book = Rs. 980
The discount of 25 /2 = 12.5 %
The bookseller make a profit of 10%
Let P be the marked price,
To find marker price
(100 -12.5) = 87.5 % of marked price is equal to the 110% of cost price 980
(Px87.5)/100 = (980 x 110)/100
P = (980 x 110)/87.5 = 1232
Therefore the marked price = RS. 1232
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