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13. Profit, Loss, Discount and Value Added Tax (VAT)
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Q19 of 70 Page 13

Rohit buys items at 25% discount on the marked price. He sells it for Rs. 660, making a profit of 10%. What is the marked price of the item?

Given,


S.P. of item by Rohit = 660


10% profit





Rohit bought that item for Rs 600/- at 25% discount.


This is the selling price for shopkeeper


He offers 25% discount





600 =


M.P. =


MP = 800/-


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17

After allowing a discount of 20% on the marked price of a lamp, a trader loses 10%. By what percentage is the marked price above the cost price?

18

The list price of a table fan is Rs. 480 and it is available to a retailer at 25% discount. For how much should a retailer sell it to gain 15%?

20

A cycle merchant allows 20% discount on the marked price of the cycles and still makes a profit of 20%. If he gains Rs. 360 over the sale of one cycle, find the marked price of the cycle.

21

Jyoti and Meena run a ready-made garment shop. They mark the garments at such a price that even after allowing a discount of 12.5%, they make a profit of 10%. Find the marked price of a suit which costs them Rs. 1470.

Questions · 70
13. Profit, Loss, Discount and Value Added Tax (VAT)
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