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A shopkeeper marks the price of an article 40% above the cost price and allows 20% discount. If the purchase price of an article is rs 1000, find the mark price of the article.​

2 Answers

6 votes

Answer:

Yes it would be Rs.246

Explanation:

User Youssri Abo Elseod
by
7.9k points
2 votes

Explanation:

Cost Price =Rs.200

Shopkeeper Mark the price 40% above the cost price then

M.P=200+40%of200

⇒200+

100

40

×200

⇒200+80=Rs.280

Discount=20%

Then Price after discount=280−20%of280

⇒280−

100

20

×280

⇒280−56=Rs.224

Sales tax rate=10%

Then sales price=224+10%of224

⇒224+

100

10

×224

⇒224+22.4=246.4∼Rs.246

User Arie Osdorp
by
8.1k points

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