what price should a trader mark on an article that cost him rupees 918 to gain 20% and after allowing a discount of 15%
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Solution
C.P =918, given 20% gain
918/5= 183.6 ,
183.6+918=1101.6
Instead of taking SP as X take it as 100.
100-15/100 = 1101.6,
1101.6/85*100= 1296
Trader mark price is 1296
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