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A shopkeeper buys an article for Rs 360. He wants to make a profit of 25% on it after a discount of 10%. The Marked Price is:‐1. Rs. 4862. Rs. 4503. Rs. 5004. Rs. 460 |
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Answer» Correct Answer - Option 3 : Rs. 500 Given: Cost price of the article = Rs. 360 Profit = 25% Discount = 10% Formula used: M.P/C.P = (100 + Profit%)/(100 – Discount%) Calculation: M.P/C.P = (100 + Profit%)/(100 – Discount%) M.P/360 = (100 + 25)/(100 - 10) ⇒ M.P = (125 × 360)/90 ⇒ M.P = Rs. 500 |
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