The market price of a cap is 25% more than cost price. If the cap is sold at the discount of 10% ,there is a profit of Rs. 37.50. Find the marked price of the cap.
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Step-by-step explanation:
Let ‘ x' be the cost price. Then the marked price = x * 130/100 = 1.3x
If 10% discount is given, then the selling price is = 130 x/100 *90 = 117x = 1.17x
Hence the percentage of profit = 17
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