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A dealer allows a discount of Rs 10% and still gains by 10%. What should be the marked price if the cost price is 900 |
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Answer» Let the marked price be x.Given cost price = 900.Given that gain = 10%.SP = 900 + 10% of 900 = 900 + 10/100 * 900 = 900 + 90 = 990.Given that Discount = 10%.SP = markedprice - 10% of 100SP = x - 10/100 * 100990 = x - 0.10x990 = 0.9xx = 1100.The marked price = 1100. |
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