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Mohammad anas

· started a discussion

· 1 Months ago

on selling 1100 , profit is 105 so cost price is 1100-105=995

tupender morya

· started a discussion

· 1 Months ago

wrong answer

Question:

Mallika buys an article with 20% discount on its marked price. She makes a profit of 10% by selling it at \(\unicode{x20B9} \)1100. Find its marked price.

Options:
A) \(\unicode{x20B9} \)1250
B) \(\unicode{x20B9} \)2000
C) \(\unicode{x20B9} \)1000
D) \(\unicode{x20B9} \)1950
Solution:
Ans: (a)

C.P. of article = \(\cfrac{1100}{1.1}\)  (\(\because \)Profit = 10%)

C.P. of article = 1000

\(\therefore\) Marked price = \(\cfrac{1000}{0.8}\)  = 1250 (\(\because\)Discount = 20%)

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