The marked price of an article is 1200. A shopkeeper buys it from a whole seller at a discount of 15 %. Then he raises the marked price by 10 % and sells it at a discount of 5 % calculate the price at which the shopkeeper buys the article
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Answer:
₹46
Step-by-step explanation:
CP = 1200 - 15% of 1200 = 1200 - (15/100 × 1200) = 1020
SP = (CP + 10% of CP) - 5% of raised prise =
1020 + (10/100×1020) - 5/100 × raised price =
1020 + 102 - 1/20×raised price =
1122 - (1/20 × 1122) = 1122 - 56 = 1066
Loss = Actual prize paid by shopkeeper = SP - CP =
1066 - 1020 = 46 rupees
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