A shopkeeper offers a discount of 5% on the Marked Price but due to a particular festival, he increases the discount by 9%. If a customer wants to buy a television at a Marked Price of $7500, then the Purchase Price of that television should be:
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Answer:
₹10000 will be the correct answer
Step-by-step explanation:
Profit = 20% = 360 Rs
So, Cost Price = 360 / 20 * 100 = 1800 Rs
And Sales Price = 1800 + 360 = 2160 Rs
Discount = 25% of marked price
So Sales Price = (100 - 25) % = 75% of marked price
=> 2160 = 75% of marked price
=> marked price = 2160 / 75 * 100 = 2880 Rs