A tradesman marks his goods at such a price that after allowing a discount of 15%, he makes a profit of 20%. What is the marked price of an article whose cost price is Rs. 170?
Given,
C.P. of the article = 170 Rs.
Profit = 20%
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S.P. = 204
And discount = 15%
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= M.P. – S.P.
S.P. =
M.P.
M.P. =
= 240
M.P. = 240/-