when a pen is sold at a discount 15% there is gain of rs 10 but if it is sold at 25% discount there is loss of rs 2 find the mark price of pen
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Answer:
MP = Rs 120
Step-by-step explanation:
According to Question,
The Cost Price of Pen is Same in Both the cases.
Let MP = x
Using identity
Discount = 15% , Gain = Rs. 10
SP1 = x - x*15/100
SP1 = (100x - 15x)/100
SP1 = 85x/100
Gain = SP1 - CP
CP = SP - Gain
CP = 85x/100 - 10 --- --- ( 1 )
--------------------------------------------------------------------
Discount = 25% , Loss = Rs. 2
SP2 = x - x * 25/100
SP2 = x - x*1/4
SP2 = 3x/4
Loss = CP - SP
CP = Loss + SP
CP = 2 + 3x/4 --- --- ( 2 )
Equating Both the equation (1) & (2)
2 + 3x/4 = 85x/100 - 10
2 + 10 = 85x/100 - 3x/4
12 =
12 = 10x/100
12 = x /10
x = Rs 120
MP = Rs 120
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