The price of an article is marked at 30 percent above the cost price. If it is sold at a profit of Rs 275 after allowing 20 percent discount, what will be the selling price?
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7150
Step-by-step explanation:
let c.p = 100% then m.p = 130 %
new s.p = 80% of 130 = 104 %
4% = 275 , 104% = 104 × 275/4
= Rs 7150
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