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13. Profit, Loss, Discount and Value Added Tax (VAT)
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Q21 of 70 Page 13

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.

Given,


CP of suit = Rs.1470


Gain = 10%


So,


SP = Rs.


Discount = 12.5%


So,


MP= Rs.


The marked price of suit = Rs.1848


More from this chapter

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19

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?

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.

22

What price should Aslam mark on a pair of shoes which costs him Rs. 1200 so as to gain 12% after allowing a discount of 16%?

23

Jasmine allows 4% discount on the marked price of her goods and still earns a profit of 20%. What is the cost price of a shirt for her marked at Rs. 850?

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